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[Total: 6 Marks] 2. Explain whether each of the following events shifts the short-run aggregate-supply curve, the aggregate-demand curve, both, or neither. For each event

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[Total: 6 Marks] 2. Explain whether each of the following events shifts the short-run aggregate-supply curve, the aggregate-demand curve, both, or neither. For each event that does shift a curve, draw a diagram to illustrate the effect on the economy. (a) Households decide to save a larger share of their income. (3 marks) (b) Kedah rice fields suffer a prolonged period of flood

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