Then look at the data for Ireland and answer the questions. Click on a graph to view it full screen.
Use the pen tool to draw an AD/AS analysis to explain what you think is going on:
Now look at the year 2000 – what is now happening? Adapt your diagram above to show this. Show this using AD/AS analysis:
Finally, use AD/AS analysis to explain what happens in Ireland between 2007 and 2011: