How did the AD/AS equilibrium change over time? Support your claims by referring to your AD/AS model.

2. . . . causes output to fall in the short run ... Price Level Long-run Short-run aggregate aggregate supply, AS supply ASz 3. . . . but over time, the short-run A aggregate-supply curve shifts . . . P2 1. A decrease in C aggregate demand . .. P3 Aggregate demand, AD1 AD2 0 NS Quantity of 4. . . . and output returns Output to its natural level