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Q1. Ineach of the following senarios, useAD-AS model to show whichcurve(s), AD or/and ASinthemodelwouldbeaffected?whichwaywouldtheyshift?Show what happen to the price level,thequantityofoutputand unemployment in short run ?

Q1. Ineach of the following senarios, useAD-AS model to show whichcurve(s), AD or/and ASinthemodelwouldbeaffected?whichwaywouldtheyshift?Show what happen to the price level,thequantityofoutputand unemploymentin short run?

  1. increasedimmigrationfromabroad.
  2. technologyadvanceswithinanation.
  3. governmentofferanewinvestmenttaxcredit.
  4. arecessionoverseasreducesacountry'sexports.
  5. governmentraisesincometaxes.
  6. aboominstockmarketpriceshelpsmakepeoplefeelwealthier.
  7. peopleanticipateanincreaseintheexpectedpricelevel.
  8. anincreaseinitscapitalstock.
  9. achangeinweatherpatternsthatmakesfarmingmoredifficult.

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