In the year 2023, aggregate demand and aggregate supply in the ctional country of Bartak are represented by the curves ADM; and AS on the following graph. The price level is 102. The graph also shows two possible outcomes for 2024. The rst potential aggregate demand curve is given by the ADA curve, resulting in the outcome illustrated by point A. The second potential aggregate demand curve is given by the AD]; curveJr resulting in the outcome illustrated by point B. 108 v 107 106 105 104 PRICE LEVEL 103 102 101 100 l l U 2 4 6 B 10 12 14 1B OUTPUT [T n'llions of dollars) Based on your answers to the previous questions, on the following graph use the purple point (diamond symbol) to plot the unemployment rate and ination rate if the economy is at pointA. Next, use the green point (triangle symbol) to plot the unemployment rate and ination rate if the economy is at point B. (As you place these points, dashed drop lines will automatically extend to both axes.) Finally, use the black line (cross symbol) to draw the shortrun Phillips curve for this economy in 2024. Note: For graphing pruposes, round the ination rate under each outcome to the nearest whole percent. For example, round 1.9% to 2.0%. Hint: Hover your cursor over each point after you plot it to make sure you have placed it on the exact coordinate you intended. a _ T Outcome A 5 A 5 Outcome B .4}. 3 V Phillips Curve INFLATION RATE (Percent) 45 i I] -i- l l l i I l l l U 1 2 3 4 5 6 7 5 UNEMPLOYMENT RATE [Percent]