Consider a scenario where the economy is experiencing a higher rate of unemployment than desired. Policymakers propose that the government shouldincrease aggregate demand to reduce unemployment. You will take the position of either a Keynesian or Classical/Neoclassical economist (you choose) and respond with "your" perspective on whether or not this plan is a good idea and why.

response should include:

1. An aggregate supply and aggregate demand graph demonstrating the impact of this policy. Be sure to include two aggregate demand curves, one before and one after the increase. See information about graphing below.
2. A brief explanation of how this increase in aggregate demand will affect price level, unemployment, and output.

link for the graph outlet is given here below

www.tinyurl.com/graph-grid

draw graph with the following elements included and labeled:

• X-axis: Real GDP
• Y-axis: Price Level
• All relevant curves
• Label the initial equilibrium point (E1). Label new equilibrium after the change in aggregate demand (E2).