Assistance with the below is appreciated.

The Question Assume an economy that is operating above full employment. 1. A. Draw a correctly labeled aggregate demand and aggregate supply graph and show each of the following: i. The long-run aggregate supply curve Current price level and output levels, labeled PLe and Ye ili. Full employment output, labeled Yf B. Identify one specific fiscal policy action that could resolve the problem. Do not just say expansionary or contractionary C. Using the graph you already drew in Part A (don't draw a new graph), go back and show the short-run effects of the action you identified on each of the following: 1. Aggregate demand. Explain why and how it will change (use the cause i. and effect chain you learned in the lesson) Output ili. Price level 2. A. Using a correctly labeled loanable funds graph, show the effect of the policy you identified in Part B on real interest rates. (Read page 2 of the Fiscal Policy fiscal policy) Review lesson carefully to see how the LF market graph is changed because of B. Given the change in the real interest rate in Part D, what is the impact on each of the following? 1. Investment Spending Explain (Include the economic term for why this will happen as a result of the previously identified fiscal policy) i. Economic growth rate. Explain. ili. The international value of the dollar. Explain. iv. Identify what will happen to net exports as a result of the above change in the international value of the dollar 3 A. Now assume instead that the government takes no policy action to fix the problem identified in part A. i. In the long run, will the short-run aggregate supply increase, decrease, or remain unchanged? Explain. (Hint: what will happen to SRAS if the government does nothing in this situation)