a) (80 points total: 40 points for correct and completely labeled graphs, 40 points for explaining the movements from point A to point B and so on: Stagation has points A,B,C,D, New economy has points A and B, Great Recession has Points A,B,C In the space below, depict the episode that was chosen by the card ip (Stagflation, New Economy, or Great Recession) on the 4 graphs as we did in class - the MP curve on top left, the IS curve on top right, the AS - AD curve on bottom right, and the Phillps curve on bottom left {template provided). Label the relevant points from the appropriate diagram on the previous page. Make sure you completely label all graphs including all the relevant shift variables. write your explanation from point to point referring to all your graphs in the space below: Please explain in as much detail as possible use and refer to temporary points Z like we dofdid in class. If there are shifts in the respective diagram{s), discuss those first and the movement along the relevant curve second. Explain the movement from A to B on your AS [AD diagram