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Given the falling apart of the dotcom bubble in 2001(which partially contributed to the 2001 recession):

a. Explain how and in what direction that could have shifted the SRAS (short-run aggregate supply) curve, if at all. Please provide a quick visual depiction of the shift.

b. Explain how and in what direction that could have shifted the AD (aggregate demand) curve, if at all. Please provide a quick visual depiction of the shift.

c. How would inflation/output adjust to get to AD-SRAS intersection? Please provide a quick visual depiction of the shift.

d. How would the movement along AD and SRAS curves represent changes in IS-IR and labor market? Please provide a quick visual depiction of the shift.