How will a decrease in short-run aggregate supply (SRAS) caused by increased government regulation affect the equilibrium price level ( \[PL\]), equilibrium output ( \[Y^*\]) and the full employment level of output ( \[Y_f\]) in an economy? Choose 1 answer: Choose 1 answer: (Choice A) \[PL\uparrow\] , \[Y^*\downarrow\] , \[\text{no change to }Y_f\] A \[PL\uparrow\] , \[Y^*\downarrow\] , \[\text{no change to }Y_f\] (Choice B) \[PL\downarrow\] , \[Y^*\uparrow\] , \[Y_f\downarrow\] B \[PL\downarrow\] , \[Y^*\uparrow\] , \[Y_f\downarrow\] (Choice C) \[PL\uparrow\], \[Y^*\uparrow\], \[\text{no change to }Y_f\] C \[PL\uparrow\], \[Y^*\uparrow\], \[\text{no change to }Y_f\] (Choice D) \[\text{no change to }PL\] , \[Y^*\downarrow\] , \[Y_f\downarrow\] D \[\text{no change to }PL\] , \[Y^*\downarrow\] , \[Y_f\downarrow\] (Choice E) \[PL\uparrow\], \[Y^*\downarrow\], \[Y_f\downarrow\] E \[PL\uparrow\], \[Y^*\downarrow\], \[Y_f\downarrow\]