Please help with following hw questions

Question 23 1 pts ,r = 1. If. at time t. the economy is hit by an up. Consideran economy characterized by the AS and AD curves in the textbook. Moreover, you can assume incl = i? In addition. If! = 2,3 = aggregate demand shock E = 70.04 [but no ination shock), then 7": is 77,, percentage points lower than 7n_1. :'Hint: Combine the AS and AD curves, set m4 = TI and solve for Ni algebraically Use the parameter values above to calculate the change in the ination rate, i.e. 7r, incl J Question 24 1 pts Now assume that F : 296 and Tr : 2%. Using your answer from the previous question, you know that short-mn output 1;: : ____ percent. Question 25 1 pts In response to a positive one-time oil price shock, the US. economy would initially experience a ____. Next, as soon as the oil price shock ends, it would _____ by way of ____. C sharp increase in ination but no change in it: return to the starting point in single step; simultaneous shirts in both the A5 and AD cu rites 0 slow and gradual raise in ination and a mild recession; return to potential outputin the same gradual way. a sequence 01 shifts of the AD curve. 0 sharp increase in ination and an economic expansion; return to the starting point in single step; simultaneous shifts in both the A5 and AD curves 0 sharp increase in ination and a drop in Y}: gradually return to potential output; a sequence ol shifts ol the A5 curve