From the list below, choose ONE answer that best describes what would occur INITIALLY in the followingAD (aggregate demand)AS (aggregate supply)"situation(s).

Fiscal restraint means less government spending, higher taxes, and fewer dollars being spent on goods and services.

Shift to the right of the AD curve

Move to the left (up) along the AD curve

Move to the right (up) along the AS curve

Shift to the left of the AD curve

Shift to the right of the AS curve

Move to the left (down) along the AS curve

Shift to the left of the AS curve

Move to the right (down) along the AD curve