For this graphing assignment, you need to use the AS/AD framework to draw a recession and the subsequent recovery. You will draw everything on ONE graph. Assume that the rece caused by weak demand, perhaps due to a sudden decrease in household wealth, and that the recession ends as a result of well-timed fiscal policy. Remember to label everything: correctly label the vertical and horizontal a correctly label all curves label the initial long-run equilibrium point (before the recession) as point A label the short-run point when the economy is in recession as point B label the final long-run equilibrium point (after the recovery) as point C (note that for the three points described above, it's possible for one point to have more than one label) start at an initial price level of 1.0 use 10,000 as the natural level of real output (real GDP)] all other numbers do not matter (make up your own) as long as they are higher/lower than the ones above as appropriate use arrows to show the shifts between curves, and label the arrows "1" and "2" to show the order of the shifts . if you have more than one of any curve (e.g., two SRAS curves), then label them with "1" and "2" etc. to show the shifts . don't farm this out to idiots on the internet, they will get it wrong