CovidAddInAssgnSum21 - Word Sign in X File Home Insert Draw Design Layout References Mailings Review View Help Acrobat Tell me what you want to do & Share & Cut Calibri (Body) ~ 11 ~ A A Aa- A = = .F . 21 91 Copy AaBbCcDc AaBbCcDc AaBbCc AaBbcct AaB Find Gac Replace Paste Format Painter B I U - abe X2 X' A - Z . A. 1 Normal 1 No Spac... Heading 1 Heading 2 Title = hs Select Create and Share Request Adobe PDF Signatures Clipboard Font Paragraph Styles Editing Adobe Acrobat 2. The graph to the right shows an aggregate supply and demand model of Potential the US economy, it is "borrowed" from GDP 2020Q2 ASMarch31, 2020 the non-narrated version of the Inflation ASJune31, 2020 presentation. The "time" of the graph June March is to highlight movements in the US 31,2025 31, 2020 economy during the second quarter of C 2020. R a. Identify one factor that is responsible for the decrease in aggregate supply during the second quarter of 2020. ADJune31, 2020 ADMarch31, 2020 Real GDP b. Identify one factor that is responsible for the decrease in aggregate demand during the second quarter of 2020. c. About the reduction in Aggregate Demand during the second quarter of 2020, name one policy that was put in place to reduce the observed decline in Aggregate Demand. In other words, you identified above one factor that caused a reduction in aggregate demand, now identify a factor that worked in the opposite direction, i.e. that worked to increase aggregate demand but wasn't powerful enough to reverse the bigger negative impact. Page 2 of 3 543 words - + 100% 8 4:27 PM LO O X 7/24/2021