Please answer iii b with proper sentence structure to achieve all 2 marks.

(iii) The country of Padua is in long-run equilibrium and has an annual inflation rate of 2 percent. Suppose Padua is hit by a temporary AS shock that causes its inflation rate to double to 4 percent. (a) Evaluate the options that are available to policymakers in Padua in responding to the inflation shock. (4 marks) (b) Suppose prior to the shock, the central bank of Padua had adopted a formal inflation target equal to 2 percent. Discuss the implications of such a target for policy options in response to the shock. (2 marks)