Question 12 of 25 Figure: Monetary Policy I Apprgte price level,P LRAS SRAS dar Raal GDP Refer to Figure: Monetary Policy Ilf the economy is initially in equilibrium at Ez and the central bank chooses to sell Treasury bills shift to gap. O AD, will: AD2, closing: recessionary O AD, will; the right, causing: inflationary O AD, will: the left, increasing: recessionary OAD, will, AlD, causing: recessionary

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