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dit View History Bookmarks Tools Window Help X MindTap - Cengage Learning X New Tab X ( https:/g.cengage.com/staticb/ui/evo/index.html?deploymentid=583264248 CENGAGE | MINDTAP plia Homework: Fiscal Policy Attempts Average 1/2 3. Effects of fiscal policy Assume that the economy is currently producing at it's potential output. Suppose the government decided to Implement a tax cut to spur consumer spending, but everything else in the economy remained the same. On the following graph, shift the aggregate demand curve (AD), the short-run appregate supply curve (SRAS), or both to show the intended short-run effect of this fiscal policy on the economy. Note: Select and drag one or both of the curves to the desired position. Curves will snap into position, so if you try to move a curve and it snaps back to its original position, just drag it a little farther SRAG AD O- SRAS PRICE LEVEL REAL GDP , they will be _ effective as fiscal policy than anticipated. Because temporary tax changes Grade It Now Save & Continue