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Please provide correct answer with correct explanation for each question.

Given the following event: Consumer and business optimism sharply increases. ASo Using the line drawing tool or three point curved line drawing tool, draw the appropriate object in the figure to the right to show the impact on the economy's short-run equilibrium price level and equilibrium aggregate output (income). Properly label this new line or curve. Note: Carefully follow the instructions above and only draw the required object. U Price level, P According to your graph, the short run result is that O A. both the price level and aggregate output (income) increase. O B. the price level rises and aggregate output (income) falls. O C. both the price level and aggregate output (income) decrease. ADO O D. the price level falls and aggregate output (income) rises. Yo Aggregate output (income), Y