a) Draw the U.S. economy in long run equilibrium--just draw it on your paper. b) Suppose that the U.S. dollar depreciates. Which curve will shift as a result of the shock and in which direction? A. AD will shift Left B. SAS will shift Left C. AD will shift Right D. SAS will shift Right c) Illustrate the shift on your graph--again, just draw it on your paper. d) Explain what happens to Y, P, and the unemployment rate in the shortrun.. Y will OA. ↑ B. remain the same OC. ↓ P will ue rate will A. remain the same. A. ↑ B. ↑ OC. ↓ B. C. remain the same