AS (P100) AS (P125) AS (P75) P O P O P O 125 $280 125 $250 125 $310 100 $250 100 $220 100 $280 75 $220 75 $190 75 $250 Suppose the full-employment level of real output (Q) is $250 and the price level (P) is initially 100. Use the short-run aggregate supply schedules above to answer the following: (do NOT enter the '$' in your response): What will be the level of real output in the short-run if the price level unexpectedly rises from 100 to 125 because of an increase in aggregate demand? $Blank 1 What will be the level of real output in the short-run if the price level unexpectedly falls from 100 to 75 because of a decrease in aggregate demand? $Blank 2 What will be the level of real output in the long-run when the price level rises from 100 to 125? $Blank 3 What will be the level of real output in the long-run when the price level falls from 100 to 75? $Blank 4 Blank 1 Add your answer Blank 2 Add your answer Blank 3 Add your answer Blank 4 Add your