Using, an AS-AD graph, an IS-LM graph, and a graph depicting equilibrium in the labour market, explain the effect of a permanent decrease in the

Using, an AS-AD graph, an IS-LM graph, and a graph depicting equilibrium in the labour market, explain the effect of a permanent decrease in the mark-up μ (as a result of a decrease in regulation due to Brexit)affects income, the unemployment rate, prices, and the interest rate, both in the short-run and in the medium run: