Question: ll. Graph it out and explain. Your graph for each item will be worth 4 points each. Refer to the problem set assignment for the

 ll. Graph it out and explain. Your graph for each item

ll. Graph it out and explain. Your graph for each item will be worth 4 points each. Refer to the problem set assignment for the scoring guide. Meanwhile, you explanation are worth 2 points each. For items 11-13. illustrate the change in the aggregate demand and aggregate supply curves (hereafter referred to as AID-AS Curves) provided the following conditions. Make sure that your labels are complete and correct. Below your graph. write an explanation on why such changes occurred. 'l 1. A bill proposed by the Congress imposing a tax cut lapsed into law and is now in effect. Show the AD-AS curves in the short-run. 12. To target inflation. the Bangko Sentra.' ng Pilipinas implements an increase in interest rates. Show the ADI-AS curves in the long-run. 13. Country A is mainly dependent on its agricultural production. When a super typhoon hit, it wiped out farm lands and led to agricultural shortages. Show country A's AS-AD curves in the short-run

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