Please answer these 3 questions

D Question 60 1 pts As per the additional reading "What should be the Fed's response to Stagflation", all the following statements are true EXCEPT The Fed should try and taper its balance sheet first and then raise the interest rate. The Fed needs to have a more meaningful monetary tightening. O The Federal Reserve (Fed) should raise the interest rates immediately. The risks of stagflation are real. D Question 45 1 pts Refer to Figure 16-1. In the graph above, if the economy is at point A, an appropriate fiscal policy by the Congress and the president would be to O execute an open market sale of government securities O increase marginal income tax rates lower the discount rate of interest O increase government transfer payments 1 pts D Question 46 X Refer to Figure 16-1. In the graph above, if the economy is oint A, an appropriate monetary policy by the Fed would be to O decrease transfer payments increase government expenditures O decrease the required reserve ratio sell government securities