Looking to complete the graph.

Fed Raises Rates As Job Gains, Firming Ination Stoke Condence The US. Federal Reserve raised interest rates on ll."I.lednesday. The rate rise was the second in three months. This second rise comes in an economy that is growing faster and creatingjobs at a more rapid pace. These gains are accompanied by a rising ination rate. Source: Reuters, March 15, 201? Describe the process by which the Feds action reported in the news clip ows through the economy. 1lr'lnlhen the Fed raises the interest rate, [:2- A. shortrun aggregate supply increases and the price level fails it! E. aggregate demand decreases and the price level falls C:- C. aggregate demand increases and real lGDP increases {:2- D. aggregate demand decreases and shortrun aggregate supply increases, and the price level falls The graph shows the longmo aggregate supply curve and the shortmn aggregate supply curve. Draw the AD curve to illustrate the state of the economy that prompted the Fed to take the action described in the news clip. Label it. Draw a point at the shortmo macroeconomic equilibrium. Label it '1. Draw a curve to show the result of actions taken by the Fed that move the economy back to a fullemployment equilibrium. Draw a point to show the new longrun macroeconomic equilibrium. Label it 2. Pride level {GDP deator, EDIE=1DUJ 161] 1?.\" 13.0 191] 2D.\" Real GDP {il'iliul'ts of 2009 dollars) so} Draw only the objects specied in the