Instructions: Enter your answers as positive numbers a. In what direction and by how much does the aggregate expenditures schedule in Figure (a) need to change to move the aggregate demand curve in Figure (b) from AD, to AD2? AE needs to (Click to select v by $ (Click to select b. What is the muincrease ample? decrease c. Given the multiplier, what must be the initial shift in AD, at P1?Refer to the figures below and assume that Q, is $400 and Q2 is $600, the price level is stuck at P1, and the slopes of the AE lines in Figure (a) are 0.9 and equal to the MPC. Aggregate Expenditures Model Aggregate Demand-Aggregate Supply Model (a) (b ) AE,(P.) 2 Aggregate expenditures (billions of dollars) Price level AE, (P,) P 2 AD 2 AD 1 45 AD 1 Q1 Q 2 Q 2 Real domestic output, GDP Real domestic output, GDP Instructions: Enter your answers as positive numbers a. In what direction and by how much does the aggregate expenditures schedule in Figure (a) need to change to move the aggregate demand curve in Figure (b) from AD, to AD2?Instructions: Enter your answers as positive numbers a. In what direction and by how much does the aggregate expenditures schedule in Figure (a) need to change to move the aggregate demand curve in Figure (b) from AD, to AD2? AE needs to (Click to select v by $ b. What is the multiplier in this example? c. Given the multiplier, what must be the initial shift in AD, at P