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Please help answer all parts including how to graph 6. Why the aggregate supghy curve alepes upward in the short run expictied orice level in

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6. Why the aggregate supghy curve alepes upward in the short run expictied orice level in the roahenty. A Aumber of theories eaplain reauchs why this mighe kapect. For enampie, the oticky-price theory asserts that the cutput priced ef derme goods and services adyat bowly to charges in the price level Suppose fimi announce the jrices toe their products in advance, bastd an an expected price level of 100 for the caming year Mank of the firms seil their the Fimen that peif on catilog sales chocie not to adjust their grices. Sales freme catalsos will , and firms that rely en catalegs will respond by the quantry of ectpu level cautert the puspbly of autput eypelind tow the natural level of output in the shert rum. Sugotse the ecanomyl shert-rut aggregate supply (As) curye is glven by the following equation: - The Greek lecter ar represents a number that deterthines how much output responds to anexpected ehanges in the price lovel tn this case, assurne. that a =52 bulinot. That is, when the octual price level ewoteds the expected geice level by 1 is the guantaty of output supelled wil exceed the natural levei of outpue by $2 busian. Sthgese the nofural levei of outpot is $60 bellign of real cop and that peopid expect o price lavel of 116. Whe segments (sguace svmbol) to plot the economy's short-run apgrogate supply (AS) curve at each of the folowing price leveit: 100, 105, 110, I15. and 120

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