a)At what short-run equilibrium point might contractionary fiscal policy make sense to help stabilize the economy? b)What would be the result of appropriate fiscal policy in that case?) Provide the reasoning for your answer. c)What would be the long-run result if no fiscal policy action was taken in that case? Provide the reasoning for your answer. d)At what short-run equilibrium point might expansionary fiscal policy make sense to help stabilize the economy? e)What would be the result of appropriate fiscal policy in that case? Provide the reasoning for your answer. f)What would be the long-run result if no fiscal policy action was taken in that case? Provide the reasoning for your answer.

Note: Write your response with a complete sentence in the space provided; no attachments or email will be considered for marking. Use the following diagram to answer questions (9) through (f) LPAS SHAS SRAS. Price Level E1 ROOP a. At what short-run equilibrium point might contractionsrv ass policy make sense to help stabilize the economy? (0.5 points) What wouldbe the result of appropriate fees fiscal policy in thet case? (0.5 points) Provide the reasoning foryouranswer. (0.5 points) sir What would be the ons ruf result of po tisse believ esper was taken inlighat case?(0.5 points) Provide the reasoning for Bur answer (0.5 points). Er At what shortrun evil bdumpplot mostexpense her fischpoll smake sense some s ameb samui the econom / (0.5 points) e When would be the result of appropriate f feelsoligo thecase- (05 points)provide coal easonins for your shower (0.5 points) Provide the reasoning for your sheet (0.5 points)