5. The impact of changes in the price level on exports and imports and thus on the quantity of GDP demanded is called : A) the real output effect B) the foreign trade effect C) the aggregate demand effect D) the inflationary gap effect 6. An increase in aggregate supply (AS), other things equal, will cause: A) an increase in the price level and an increase in real output B) an increase in the price level and a decrease in real output C) a decrease in the price level and an increase in real output D) a decrease in the price level and a decrease in real output