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8. Do the following events have their Inftial Impacton aggregate demand, long run aggregate supply, or short run aggregate supply? Do the curves shift to

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8. Do the following events have their Inftial Impacton aggregate demand, long run aggregate supply, or short run aggregate supply? Do the curves shift to the right or to the left? Show, using a graph for each question. a. The new government in Canada increases income taxes. AD/AS/LRAS: Equilibrium Price: Equilibrium Quantity: b. There has been an increase in investment in postsecondary education in Canada AD/AS/LRAS: Equilibrium Price: Equilibrium Quantity: c. Canada experiences downward pressure on nominal wages AD/AS/LRAS: 9 Equilibrium Price: Equilibrium Quantity

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