Refer to the information provided in Figure 13.3 below to answer the questions that follow. 
Figure 13.3
-Refer to Figure 13.3.Assume the economy is at Point A.Higher oil prices shift the aggregate supply curve to AS2.If the government decides to counter the effects of higher oil prices by increasing net taxes,then the price level will be ________ than P2 and output will be ________ than Y2.
Definitions:
Psychoanalytic Theory
A theoretical framework developed by Freud that emphasizes unconscious processes and childhood experiences in explaining human behavior.
Sigmund Freud
Austrian neurologist who founded the discipline of psychoanalysis.
Ivan Pavlov
A Russian physiologist best known for his work in classical conditioning, demonstrating the learned response of dogs to stimuli associated with food.
Albert Bandura
A psychologist known for his work on social learning theory, emphasizing the role of observation and imitation in learning.
Q21: You have decided that you want to
Q21: The type of unemployment that arises during
Q35: A share of stock<br>A)is a fractional ownership
Q51: Opportunity cost is<br>A)that which we forgo,or give
Q54: Neon Bank has $300 million in deposits.The
Q87: Which of the following would NOT be
Q98: In an economy,when the price level falls,consumers
Q102: If,as a result of imperfect information,firms set
Q107: If the economy is operating way below
Q120: When a firm pays higher wages for