Explain clearly

Then there is a crash in the prices of houses, reducing the wealth of consumers. They respond by spending less, causing c to fall to -1. Meanwhile, turmoil in the financial market makes it hard for firms to borrow, causing a decrease in investment: / falls to -2. Both government spending G and net exports wx remain at 0. Question 3 3 pts Assuming the central bank or the government does not respond to the crisis (M = 5 and @ =0). what is the new aggregate demand curve? QY - 2 P CY-1+p QY -2-3P DY =-1-2P OY =1-2P OY=2-P DY =3-2P OY = -2+PCounter-Cyclical Policy in the Face of the Crisis Suppose that . the long run aggregate supply curve is given by YL _ LA+ IK initially A - 2, and K - 4 . the money supply is growing at a rate of 5 percent per year . the velocity of money is given by V = 3 + 21 + 3G + NX and initially, 6 - 7 -G = NX =0