The graph shows the aggregate demand curve in a representative economy.

Suppose that this economy is known to be operating below full employment.??

?1.) Using the line drawing tool?, draw the Keynesian?short-run aggregate supply curve. Properly label your line.

?2.) Using the point drawing tool?, show the equilibrium price and quantity. Label the point ?'E1?'.

Carefully follow the instructions?above, and only draw the required objects.

220- 200- 180- 160- 140- Price Level 120- 100- 80- 60- 40- AD1 6 8 10 Real GDP per year ($ trillions)