5. AS-AD model: Use the gure provided to solve questions below, assuming that Initially, the short- run aggregate supply curve is SASD and the aggregate nounsua demand curve is ADQ. mg\"; a. Some events change aggregate demand from ADD to MS 5.45. A01. Describe two events that could have created this '; \"5' 5,5,, change in aggregate demand. What is the equilibrium 3 \"0, 0 after aggregate demand changed? If potential GDP is % unchanged, the economy is at what type of '05 - A C macroeconomic equilibrium? 3 b. Starting from SASD and ADg. Some events change i m. a '01 aggregate supply from SASG to 5.5.51. Describe two events '5 \"4;. that could have created this change in aggregate supply. What is the equilibrium after aggregate supply changed? a I'Jdmmgg? Mm, If potential GDP is unchanged, does the economy have an inationary gap, a recessionary gap, or no output gap