pt.php?attempt=4254767&cmid=9220887&page=2 K TO MYNAIT - Scenario 1: The Canadian Economy is in equilibrium in the Keynesian Range of the Short Run Aggregate Supply curve. The Federal government wants to reduce spending on infrastructure (roads and bridges) to drastically decrease Federal government expenditures in order to reduce its deficit. This event will affect Select one: Oa C ObX O C. G Odl Clear my choice In Scenario 1, the AD curve will Select one: O a. increase O b. decrease c. cannot be determined O d. stay the same Clear my choice In Scenario 1, equilibrium GDP will and Price level will Select one: a, increase, stay the same b. decrease, stay the same O c. stay the same, decrease