O Overall, please evaluate the long-term outlook on the economy projected in the article. O Please use the tools you learned in class, such as the Long Run Aggregate Supply(LRAS).

Draw a graph using the 4-quadrant diagram and clearly indicate what curve shifts in what direction and variables are impacted. I will explain this when I do Ch. 13 LRAS a week from now. So do the remaining questions. Please label all axes. Please take a picture and copy the image in your word document which can be titled, Paper 1. Do not email me pictures of your diagram. 4. This question has two parts: 25 points