Line Y1 Line YZ level Line X1 Line X2 Real GDP In the AD-AS model shown, if point A occurs chronologically before point B, which situation would the figure accurately represent? O SAS, LAS, AD and the price level have all decreased, and this digram depicts what happened during the Great Depression. O SAS, LAS, AD decreased, while the price level increased, and this diagram depicts what happened during the Great Recession. O SAS, LAS, and AD all decreased with no change in the price level and this diagram depicts what happened during the Great Recession. O SAS, LAS, and AD all decreased with no change in the price level and this diagram depicts what happened during the Great Depression.Which statement is NOT TRUE about the Great Depression? O There was a stock market crash at the beginning of the depression. O The government raised taxes and did not allow the money supply to increase. O A major financial crisis followed the collapse of the stock market, which led to the failure of many banks. O The government reduced barriers to trade.Which of the following led to the Great Recession? O a decline in AD O a decline in LRAS O a decline in both AD and LRAS O a rise in AD but a decline in LRAS