Use the following to answer questions:
Figure: Policy Alternatives 
-(Figure: Policy Alternatives) Refer to Figure: Policy Alternatives. If the economy is in equilibrium at Y1 in panel (a) , it is in:
Definitions:
New Information
Refers to data or knowledge received or discovered which was previously unknown, often changing understanding or perspective.
Fifth-grade Teacher
A teacher specialized in educating students who are typically in the fifth grade, around 10-11 years old.
Freud
Austrian neurologist known for founding psychoanalysis, a method for treating psychopathology.
Repression
The psychological defense mechanism of unconsciously blocking unpleasant feelings, desires, or experiences from awareness.
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Q263: (Figure: Policy Alternatives)Refer to Figure: Policy Alternatives.If
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