Ed UTS | The Eleventh Esse.. D Question 40 8.5 pts Suppose the Australian economy begins at a recessionary gap, but the war in Ukraine Increases the costs of production for Australian firms. Holding all other factors constant, explain how the war in Ukraine impacts the AD-AS model and its impact on the economy. Furthermore, explain the government's actions to return the economy to full employment with reference to fiscal policy and the AD-AS models. In your answer, consider how these actions would be transmitted to the wider economy. Edit View Insert Format Tools Table 12pt ~ Paragraph * B / U A 2 TV