aggregate demand/aggregate supply In the short run, the decrease in foreign spending on domestic goods associated with the recession abroad shifts the curve to the right/left , causing the price level torise above/ fall "the price level people expected and the quantity of output to potential rise above/fall below PRICE LEVEL output. The economic turmoil abroad will cause the unemployment rate to the natural rate of unemployment in the short run. rise above/fall belowadjust downward/adjust upward/remain the same During the transition from the short run to the long run, price level expectations will , and the curve will shift to the right/left aggregate demand/short-run aggregate supply remain the same/increases/decreases falls below/rises above/returns to PRICE LEVEL In the long run, as a result of the economic turmoil abroad, the price level _ , the quantity of output potential output, and the unemployment rate_ the natural rate of unemployment. returns to/rises above/falls below