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Please make it fast Suppose that an economy faces an increase in oil prices. 1. Graph Aggregate demand and Aggregate supply | the short run

Please make it fast

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Suppose that an economy faces an increase in oil prices. 1. Graph Aggregate demand and Aggregate supply | the short run to explain the effects of GDP and prices. 2. Suppose that government intervenes to correct the previous crisis and implement an expansionary fiscal policy. Show the effect of this policy on the previous graph and explain the changes in Prices and GDP. 3. Use a graph of unemployment and inflation to illustrate the 2 phases of Q1 and Q2

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