can do my question as first u can

s) 11) Describe the economic situation of Fairytale in FIVE words! Based on what you have learned in this course, what wrong assumptionfconclusion can be made by Ms. Smart? Use the aggregate demand and aggregate supply curves to explain the impact of a contractionary and expansionary scal policy on Fairytale's economy. When is Fairytale's economy in the short run or land long run macroeconomic equilibrium? Using only two graphs, explain how an expansionary fiscal policy could be used to restore normalcy to the economy of Fairytale. Using economic concepts state and explain the best policy that could be used to increase money supply in Fairytale. Use the concepts of lags to explain unanticipated effect of any policy action by Ms. Smart. Supposing you are the Chief Economic Advisor for Ms. Smart, propose two monetary policies and two scal policies? Using economic concepts state and explain the potential issues or barriers to your proposed policy. Determine the real interest rate in 2018. What is the percentage change in real minimum wage? Do you agree with the arguments of the Fairytale Society of Business on minimum wage? Friendly reminder - Do notforgel' to state your assumptions