Price Level P (Y Axis)	Real GDP Demanded in billions (AD)	Real GDP Supplied in billions (AS)
50	16,300	15,100
60	16,200	15,200
70	16,100	15,300
80	16,000	15,400
90	15,900	15,500
100	15,800	15,600
110	15,700	15,700
120	15,600	15,800
130	15,500	15,900
140	15,400	16,000
150	15,300	16,100
160	15,200	16,200
170	15,100	16,300

a. Calculate the slope of the AD curve using data in the table.

b. Calculate the slope of the AS curve using data in the table.

c. Using 3-4 well-written sentences and numerical examples in the table for the each of the following two questions.

(i) Explain why the AD curve has the slope you calculated as a result of the wealth effect.

(ii) Explain why the AS curve has the slope you calculated as a result of the sticky price theory.