-According to the above graph what kind of action is the Fed likely to take and why? You may assume at Po is highly inflationary and that Yo represents full-employment output. Draw in the new aggregate demand curve to support your answer.

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-According to the above graph what kind of action is the Fed likely to take and why? You may assume at Po is highly inflationary and that Yo represents full-employment output. Draw in the new aggregate demand curve to support your answer.

-According to the Above Graph What Kind of Action Is