Q2. In the recently announced Federal budget, the Australian Treasurer, Mr. Josh Frydenberg has outlined a number of initiatives. Attached please find one news report highlighting the major steps announced in the budget https://www.9news.com.au/national/federal-budget-2022-two-minute-guide-tax-relief-one-off- payments-fuel-excise-halved/1dae4dd4-0075-4ce7-9eb4-5226b9b2c83a3 Based on your understanding of the Aggregate Expenditure model, explain how such policy measures would affect the macroeconomy in the short run. Provide adequate illustration of the Aggregate Expenditure model and show how the budgetary actions would impact the economy using the model. [Note that when answering this question, you do not have to use actual numbers from the budget. You can use some hypothetical numbers in support of your argument.]