In the graph of Figure I, the annual growth rate of the GDP of the United States economy is presented since the first quarter of 2004, while, in the graphs of Figure II, three different scenarios of the relationship are represented between demand and aggregate supply that reflect different situations of economic growth.

1. Using the shifts in the aggregate demand curve in each of the three graphs in Figure II, explain the aggregate consumption and investment function.
2. Explain what is happening in Graph A of Figure II and, after examining the data in the graph of Figure I, identify in what period of time this situation is occurring.
3. Explain what is happening in Graph B of Figure II and, after examining the data in the graph of Figure I, identify in what period of time this situation is occurring.
4. Explain what is happening in Graph C of Figure II and, after examining the data in the graph of Figure I, identify in what period of time this situation is occurring.

\fAnnual Percentage Change -10 01- 2004 01- 2006 01- 2008 01- 2010 01- 2012 [Quarter-Annual] Annual Percentage Change in U.S. Real GDP 01- 2014 Q1- 2016 01- 2018 Q1- 2020