1 The graph below, illustrates the economy of Everton, which is presently in macroeconomic equilibrium. Tools Block 130 LAS (potential Go 120 AD All 110 AS Price index 100 90 BO 70 60 200 300 400 AD 500 600 700 800 Real GDP Check my work ellock Real GDP a. Assuming the original AD1, the equilibrium value for the price level is and equilibrium real GDP is $ b. There is now cessionary gap of $[ 100 Suppose that aggregate demand in Everton increased by 200 c. Draw a new AD2 curve in the graph above to show this change. Plot only the endpoints of AD2 d. The new equilibrium value for the price level is and equilibrium real GDP is now $55 e. There is now gap of $ f. Put a check mark next to each of the following factors that could have caused the increase in demand that you illustrated in part (c). You may select more than one answer. Click the box with a check mark for correct answers and double click to empty the box for the wrong answers 7decreased exports higher taxes lower interest rate Me Suppose that aggregate demand in Everton increased by 200 c. Draw a new AD2 curve in the graph above to show this change. Plot only the endpoints of AD2. d. The new equilibrium value for the price level is and equilibrium real GDP is now $0. e. There is now w gap of $ 1.Put a check mark next to each of the following factors that could have caused the increase in demand that you illustrated in part (c You may select more than one answer. Click the box with a check mark for correct answers and double click to empty the box for the wrong answers. decreased exports higher s tower rest rates higher government spending Suppose that, following the change in (c), the aggregate supply increases by $100. g. Draw a new A52 curve in the graph above. Plot only the endpoints of the new AS2 in the graph above. The equilibrium value for the price level is now and equilibrium real GDP is now $ L There is now tatay gap of $