Question: please don't copy from cheg if you don't know, don't answer (thank you) 1. Draw and properly label an AD-AS model to show Keynesian ,

please don't copy from cheg if you don't know, don't answer (thank you)

1. Draw and properly label an AD-AS model to show Keynesian, intermediate, and neoclassical zones (6%). Then, briefly explain the levels of unemployment, inflation and real GDP in each zone, and confirm whether or not goals of a macroeconomy is being achieved in each zone. (14%)

2. Draw and properly label the AD-AS graphs or one graph to show recessionary and

inflationary gaps (6%). Then, discuss in detail how Keynesians suggest

recessionary and inflationary gaps be closed. (16%)

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