What would be the Nash equilibrium of this simultaneous game?

In the short run, expansionary fiscal policy usually will

A) decrease the price level and decrease real GDP. B) increase the price level and increase real GDP. C) decrease the price level and increase real GDP. D) increase the price level and decrease real GDP.

Suppose the economy is in long-run equilibrium. If the federal government cuts government spending, which of the following is likely to result?

A) an increase in real GDP and an increase in the price level B) an increase in unemployment and an increase in the price level C) a decrease in unemployment and a decrease in the price level D) a decrease in the price level and an increase in unemployment