Suppose that,because of a large increase in export orders in a hypothetical economy in the year 2001,real GDP follows the path ABCDE in the figure below.Suppose discretionary policy was used,but it was implemented too late.Show how the path in the figure below would change.Show what this looks like using the IA-AD curve analysis. 
Definitions:
Net Operating Income
The total profit a company makes from its operations, excluding taxes and interest.
Fixed Monthly Expenses
Recurring expenses that do not vary in amount each month, such as rent or mortgage payments.
Net Operating Income
Earnings from a company's everyday business operations, excluding extraordinary items and other non-operating expenses.
Marketing Manager
A marketing manager is a professional responsible for developing, implementing, and executing strategic marketing plans for an entire organization or lines of business to attract potential customers and retain existing ones.
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