5-6 question Draw an economy with a recessionary gap. Keynesian make the argument that people will stop looking for work if they remained unemployed for too long (or will lose the skills needed to do a job). What will happen to both models if people drop out of the labor force?For this assignment draw both Neoclassical model and Keynesian Model. Then you need to show what will happen in the short run and then in the long run. For the Keynesian model there can be no change.Can you handle the heat questions. 7 Question- Draw an economy with a recessionary gap. What type of policy would Keynesian suggest to fix the problem? Draw this solution on both graphs. Why would Neo Classicals say this approach is not a good idea? Use your graph to explain. What would Keynesians say in response to this critique? 7 question- Why do wages tend to be stickier in North European countries and less sticky in countries like Hong Kong, Singapore, and Mexico? Look at Sweden's Unemployment rate in comparison to Singapore's. What would be the full employment level for each of these countries? What would Neoclassical make of these differences