In the short run, the Fed's actions to fight an inflationary gap shift the

Name: In the short run, the Fed's actions to fight an inflationary gap shift the
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To combat an inflationary gap, the Federal Reserve (Fed) would typically increase interest rates or use other contractionary monetary policies. These actions would decrease overall spending in the economy, leading to a leftward shift of the aggregate demand curve.

In the Short Run, the Fed's Actions to Fight an Inflationary