Homework (Ch 20) line segments (square symbol) to plot the economy's short-run aggregate supply (AS) curve at each of the following price levels: 100, 105, 110, 115, and 120. 125 120 LRAS 8 PRICE LEVEL O 10 20 30 40 50 60 70 80 90 100 OUTPUT (Billions of dollars) The short-run quantity of output supplied by firms will fall short of the natural level of output when the actual price level the price level that people expected