For items 1-10, write TRUE if the answer is true. If the answer is false, replace the underlined word/s with the correct answer. 1. The natural level of real GDP depends on the level of prices. 2. Changes in the real money supply will result to shifts of the aggregate demand curve. 3. Policies in the demand-side lead to higher outputs. 4. At all times, employment and inflation have an inverse relationship. 5. In the short run, a leftward shift in the aggregate demand due to the pandemic will likely reduce output. 6. Governments address supply shocks through expansionary monetary policies. 7. An increase in the change in real GDP demanded at each price level with decrease the value of the multiplier. 8. Adverse supply shocks result to lesser output and unemployment. 9. A leftward shift of the aggregate supply curve reduces output and increases price levels. 10. Innovations, such as new technology, will increase output levels