Assume the economy is in long-run equilibrium. Now assume that there is a large increase in demand for U.S. exports. Part 2 As a result of increased demand for U.S. exports, the Part 3 A. aggregate demand curve will shift left. B. short-run aggregate supply curve will shift left. C. aggregate demand curve will shift right. D. long-run aggregate supply curve will shift left. Part 4 The new short-run equilibrium will be A. where the new aggregate demand curve intersects the original aggregate demand curve. B. where the new aggregate demand curve intersects the original long-run aggregate supply curve. C. where the new aggregate demand curve intersects the original short-run aggregate supply curve. D. where the original aggregate demand curve intersects the original short-run aggregate supply curve. Part 5 At the new short run equilibrium, the unemployment rate will be higher be lower remain unchanged compared to the unemployment rate at the initial equilibrium, prior to the increase in exports. Part 6 Which of the following best explains how the economy will adjust back to long-run equilibrium? A. Short-run aggregate supply will decrease (shift leftward) as firms and workers adjust to the new price level. B. Aggregate demand will