Answer
See graph and explanations.
Work Step by Step
Step 1. Based on the given conditions, we can write the first inequality as $-1\leq x\leq 1$, shown with the red shaded area.
Step 2. The second inequality can be written as $-2\leq y\leq 2$, shown with the blue shaded area in the figure.
Step 3. The overlapping area (appears in purple) shows the solution for both inequalities.