Question: LM, IS for first left, right for second LRAS, AD, SRAS for third right/up, left/down for fourth During a recession, a high unemployment rate (U-3,

LM, IS for first

left, right for second

LRAS, AD, SRAS for third

right/up, left/down for fourth

During a recession, a high unemployment rate (U-3, so people classified as unemployed have been actively looking for work!) would provide evidence that Select 1 models would best describe the current situation, and that boost the economy expansionary fiscal or monetary policy Select] out of the recession

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