In 2020, U.S. millennials are projected to spend $1.4 trillion, which will make them the country’s highest spending generation. In 2018, millennials were big spenders on pet food—$6 billion—and on lawn and garden supplies—$12 billion, and these amounts are expected to grow a)If the economy was initially operating below full-employment equilibrium. b)If the economy was initially operating at full-employment equilibrium. c)Explain how the economy adjusts in the situations described in (a) and (b). Draw a graph to illustrate your explanation.