Event 1. In response to a higher inflation rate the Reserve Bank of Australia increases the cash rate which results in higher interest rates on loans by financial institutions. ~ Event 2. There is lower RGDP growth in Australia's major trading partners." Event 3. The opening up of international borders post covid results in an increase in the immigration of skilled workers. ~ Required:" (1) For each factor a. Identify whether they are AD (Aggregate Demand) or LRAS (Long Run Aggregate Supply); SRAS (Short Run Aggregate Supply) factors or both; b. Indicate whether AD, SRAS and or LRAS increases or decreases:" c. What is the impact of each factor on real GDP and the price level