Suppose the Central Bank is trying to keep the exchange rate fixed; however, investors expect the exchange rate to depreciate. Exchange rate, E The graph on the right depicts an initial equilibrium in the economy with the fixed exchange rate. Note: 'E' = DD Egle 1.) Using the line drawing tool, add a new AA curve corresponding to increased expectations, before the Central Bank reacts, and label it "AA?." 2.) To reflect how the Central Bank reacts to keep the exchange rate fixed, using the line drawing tool, add a third AA schedule corresponding to the equilibrium with new expectations and the old exchange rate. Label it "AA3." FE Carefully follow the instructions above and only draw the required objects. AA1 Output, Y Suppose the Central Bank is trying to keep the exchange rate fixed; however, investors expect the exchange rate to depreciate. Exchange rate, E The graph on the right depicts an initial equilibrium in the economy with the fixed exchange rate. Note: 'E' = DD Egle 1.) Using the line drawing tool, add a new AA curve corresponding to increased expectations, before the Central Bank reacts, and label it "AA?." 2.) To reflect how the Central Bank reacts to keep the exchange rate fixed, using the line drawing tool, add a third AA schedule corresponding to the equilibrium with new expectations and the old exchange rate. Label it "AA3." FE Carefully follow the instructions above and only draw the required objects. AA1 Output, Y