Please help me answer the following questions. Thank you
please note the questions are complete, there are no missing information.
Question 5
Which of the following events will shift the aggregate supply curve to the right? 10 Instructions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the box for the wrong answers. 10 points ? a substantial increase in the price of oil Skipped ? an increase in the overall productivity in the economy because of a new networking technology ? a decrease in business taxes eBook Print ? a two-fold increase in the manufacturing wages as a result of a law passed by the government References20 10 points skipped EBODK Print References Which of the following will shift the aggregate demand curve to the le? Instructions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the box for the wrong answers. an increase in interest rates an increase in corporate profit taxes by the government an increase in the incomes offoreign households due to an economic boom overseas a decrease in personal income taxes by the government 6 Question 5 , Graded Assignmen X + 7 X (- 9 C' B https://ezto.mheducation.com/ext/map/indexhtmllcon:con&externalibrowser:0&launchUrl:https%253A%252F%252Fnewconnectmheducation.com%252F#/activity/questionegroup/kEZ... Y} I I E; o E Graded Assignment 4 0 Saved Help Save 1; Exit Submit Assume that (a) the price level is exible upward but not downward and (b) the economy is currently operating at its full-employment output. Other things equal, how will each of the following affect the equilibrium price level and equilibrium level of real output in the short run? a. lfthe aggregate demand increases: 10 points 0 the price level rises and real output decreases. O the price level rises rapidly and there is little change in real output. EEOOk O the price level does not change. but real output declines. F'"\"' (0 the price level does not change. but real output increases. \"979\"\"; O the price level increases somewhat, with a relatively large change in output. b. lfthe aggregate supply decreases, with no change in aggregate demand: 0 the price level rises and real output decreases. O the price level rises rapidly and there is little change in real output. 0 the price level does not change. but real output declines. O the price level does not change. but real output increases. 0 the price level increases somewhat, with a relatively large change in output. c. lfthere is an equal increase in aggregate demand and aggregate supply: 0 the price level rises and real output decreases. O the price level rises rapidly and there is little change in real output. v