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I just need help with question 2. Graph description: All! and SEAS are in equilibrium on the LRAS line. The price level is PL: and

I just need help with question 2.

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Graph description: All! and SEAS are in equilibrium on the LRAS line. The price level is PL: and lICIIutput is it. All] and SEAS are in equilibrium to the left of LEAH. The price level is PL] {lower on the yaxis than PLE} amt Output is at Y1 [further to the left of an the x-alis}. Price level tit-IS 5M PL: B A PL1 ADJ AD: n if Outputfnl' Scenario: In February 2020, the economy was at full employmem, however the lock-downs associated wii COW19 that began in March have had a signicant impact on the [1.3- economy. Use the model above to discuss the impacts of the lockdown on the US. Economy. Three para each:| 1. Identify the Aggregate Dormant! Curve {All} that best represents the economy in February. 2. Identify the All curve that best represents the economy after the lockdowns and eIplain why the AI} curve has shifted. 3. Briey describe Say's Law and Keynesian economic theory

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