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sir I'm not good at English, so please write well. thanks! Part III: Short essay question (10 pts.) 1. (8 pts.) Suppose that in order

sir I'm not good at English, so please write well. thanks!

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Part III: Short essay question (10 pts.) 1. (8 pts.) Suppose that in order to revive economy after the global pandemic, your country's government decides to leverage public and private funds to invest in infrastructure projects. Use the AD-AS model to discuss the macroeconomic impacts on the price level, real GDP and unemployment. Use AD-SRASLRAS diagram to support your discussion. 2. (2 pts.) Suppose that after implementation of policy in question 1, Central Bank becomes more concerned about rising prices in your country. Please describe which policy will be most effective to control the ination? Use AD-AS diagram to support your discussion

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