Fill in the blanks to make the following statements correct.

a. Beginning with output equal to potential, suppose there is a sudden increase in demand for Canadian exports. This is a(n) __________ shock to the Canadian economy, which will result in the __________ curve shifting to the ________ and the opening of \(a(n)\) _______ gap. Firms' unit costs will start to _________ \(\ldots\) and the __________ curve will shift ________ Long-run equilibrium will be restored at __________output and __________ price level.

b. Beginning with output equal to potential, suppose
there is a drop in business confidence and investment
falls. This is a(n) shock ________ to the Canadian
economy, which shifts the _________ curve to the left
and creates a(n) ________ gap. Unit costs will start
to ________ and the _________ curve will shift _________ .
Long-run equilibrium will (slowly) be restored at ____________
output and ___________ price level.

c. Beginning with output equal to potential, suppose there is a large and sudden increase in the price of electricity. This is a(n)__________shock to the Canadian economy, which will result in the _________ curve shifting _____________ and the opening of \(a(n)\) ________ gap. If wages are downwardly sticky the economy's __________ process could be very slow and the __________ will persist for a long time.

d. Beginning with output equal to potential, suppose
there is a large and sudden decrease in the price of
electricity. This is a(n) ________ shock to the Canadian
economy, which will result in the _________ curve shifting __________
and the opening of a(n) _________ gap. Unit
costs will start to __________ and the __________ curve will
shift _________ , restoring equilibrium at __________ output
and ______________ price level.