Hello,

I am struggling to understand these questions, especially as for graphing the request. I would love some help on figuring this out!

The graph below shows the longrun aggregate supply curve for the country of Utopia. Aggregate Supply 1 60 Tools LRAS 140 / 120 LRAS1 100 80 Price Level 60 40 20 m 0 20 4O 60 80 100 120 140 160 L; Real GDP (billions of dollars) a. If the price level rises from 100 to 120, real GDP will 0 decrease increase. 0 remain the same. Now suppose that Utopia experiences an increase in capital from previous investment. b. Using the graph above, draw a new long-run aggregate supply curve for Utopia showing this increase in capital. Instructions: Use the tool provided "LRAS1" and plot only the endpoints such that the first point touches the horizontal axis (2 points total)