2. Simulate the model using appropriate parameters and initial values, thus creating computed time series for relevant variables according to the alternative scenario. Extend Diagram 1 so that it shows the evolution in ji, both according to the base scenario and according to the alternative scenario. Do the parallel extensions of Diagrams 2 and 3. In Diagrams 2 and 3 you should include the lines corresponding to the new steady state, that is, lines for In y, and Inc, as if the economy had been in the new steady state in all periods. Now construct a Diagram 4?