1) Using your AS-AD diagram (with SRAS, LRAS and AD), graphically illustrate an economy that is presently at a long-run equilibrium. Label that equilibrium point A. 2). In the same diagram, graphically illustrate an equilibrium that is consistent with a stagflation (relative to point A). Label that new equilibrium point B. draw the diagram, label all axes and curves and upload a file with a picture of your diagram. Incomplete graphs, illegible graphs and unlabeled graphs with get very little points, if any. Moreover, graphs with additional details than needed will also receive lower points