2.4 Illustrate each of the following situations with a graph showing the IS curve and the Fed rule, and explain what happens to the equilibrium values of the interest rate and output:   A decrease in G with the money supply held constant by the Fed A decrease in G with the Fed changing M' by enough to keep interest rates constant A decrease in P with no change in government spending An increase in Z with no change in government spending An increase in P and a decrease in G

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