Suppose the economy is in equilibrium in the first period at point
a. In the second​ period, the economy reaches point
b. What policy would the fed likely pursue in order to move ad 2 to ad subscript 2 comma policy and reach equilibrium​ (point
c. In the second​ period? ​ (what policy will increase the price level and increase actual real​ gdp?)
a. Open market purchase of government securities
b. Increase the discount rate
c. Decrease taxes
d. Increase the reserve requirement