1) Construct an explanation of the short-run effect for the scenario in bold (meaning the determinant of Aggregate demand or Aggregate supply that is causing the shift, the line that shifts (aggregate demand or aggregate supply), the direction of the shift (left or right), and the impact on output and price level (increase or decrease)

2) draw and label the aggregate demand and aggregate supply graph

Scenario: The election of a new Congress causes consumer confidence to soar as expectations of future economic growth are solid.