• A short answer is enough. It is urgently needed. Thank you

Price Laval dl 1'] g] Diagram 1 Diagram 2 A52 Which of the above diagram is likely impacted by a rise in input costs? {1 Mark) When there is a negative supply shock, what happens to prices in the economy? {1 Mark) With a negative supply shock, what is likely impact on workers in the economy in terms of earnings and employment rate? (2 Mark} when the economy experiences a negative supply shock, what action can the government take to retain potential GDP? What impact will this have on pricing? {2 Marks] During a positive supply shock, what type of "gap\" is present? [1 Mark} Because of the positive supply shock, what is the impact on wages? {1 Mark] Because of this impact what is the effect on producers and their supply curve? {2 ma rks) If the Central Bank wanted to validate a positive supply shock, what steps could be ta ken with regards to money supply? [1 Mark] What impact would this have in the nancial capital market? {2 Marks] And how does this affect Aggregate Expenditure? [1 Mark] What impact would this have on ASIAD diagram above? {2 Marks] And what would be the final impact on GDP and Price? (2 Marks)