Pls help with below homework. Draw a Hicks-Hansen diagram What happens when the supply of money and public spending decreases? Identify the sector in which effective demand exceeds production and where at the same time the demand for money is less than its supply. Show how the equilibrium situation will be reached eventually.

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Chapter21: The Influence Of Monetary And Fiscal Policy On Aggregate Demand
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Pls help with below homework.

Draw a Hicks-Hansen diagram

  1. What happens when the supply of money and public spending decreases?

  2. Identify the sector in which effective demand exceeds production and where at the same time the demand for money is less than its supply.

  3. Show how the equilibrium situation will be reached eventually.

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