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11. Suppose that the economy is in a long run equilibrium. a.) Draw an Aggregate Supply - Aggregate Demand graph of the economy. Label the
11. Suppose that the economy is in a long run equilibrium. a.) Draw an Aggregate Supply - Aggregate Demand graph of the economy. Label the equilibrium point \"E1". The Fed conducts an open market sale of bonds. On your graph, show the movement of the appropriate curves in the short-run AND long-run- Label the short run equilibrium point \"Ezl'and label the long run equilibrium point "E3" b.) Draw an Aggregate Supply - Aggregate Demand graph of the economy- Label the equilibrium point \"E1". The Fed conducts an open market purchase of bonds. On your graph, show the movement of the appropriate curves in the short-run AND long-run. Label the short run equilibrium point \"Errand label the long run equilibrium point "E3"
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