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Please help me with this question Ination debate. The Federal Reserve and Congress both responded to the COVID pandemic in an attempt to boost output.

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Ination debate. The Federal Reserve and Congress both responded to the COVID pandemic in an attempt to boost output. Some economists are worried that the most recent scal policy implemented by Congress will lead to increases in ination. {a} (7 points) Illustrate how the impacts of COWD and the responses of the Fed and Congress could cause ination to increase using the ISMP and Phillips graphs. Label as much as plllihle. {b} (3 points) Explain your graphs in words

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