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Real GDP 45' Ine 800 700 KAD) TE - C +1 600 Total Expenditures (billions of dollars) 868 200 100 100 200 300 400 500. 600 700 800 Real GDP (billions of dollars) Refer to Exhibit 10-5 above and answer all questions below: a) Choose a level of Real GDP that is not at equilibrium where AD = Real GDP $ b) If autonomous consumption (Co) decreases, it follows that TE (or AD) will shift upward/downwardot be affected of all c) If Real GDP stands at $600 billion, inventories will FallRise/Remain Unchanged. d) If Real GDP is 5600 billion, firms will most likely (chose either I, II, or III) I. Increase production to increase inventories to their optimum levels. II. Will neither increase nor decrease production since the economy is in equilibrium