Situation: Half the population of the world has been eliminated with a snap of Thanos' fingers (aka the elimination).

1.Suppose in the months following the elimination, clinical depression reaches epidemic levels throughout the United States.

a.Using the AD/AS (and any other necessary models), graph and describe the effects of this.

b.Using the AD/AS (and any other necessary models), discuss and graph how fiscal or monetary policy could be used to bring the economy back to the long run level

c.Would you recommend, fiscal policy, monetary policy or no action in response to this epidemic? Why? (ignore the events of Avengers: End Game).