1) Explain how each of the following events would affect the long-run aggregate supply curve: a. a higher price level; b. an increase in the labor force. can increase in the quantity of capital goods d. technological change. 2) Explain how each of the following events would affect the short-run aggregate supply curve. a. An increase in the price level; b. An increase in what the price level is expected to be in the future; C. a price level that is currently higher than expected d. an unexpected increase in the price of an important raw material e. an increase in the labor force