QN QI Heal GUM 4. Suppose the economy is currently in long-run equilibrium where output (Q) is equal to natural real GDP (ON). Something occurs in the economy that causes aggregate demand to decrease (for example, exports decreased causing net exports to decrease). Draw the graph below. In the short run, price level and Real GDP . This means that in the economy, unemployment (less than/greater than) natural Real GDP, which will cause wage rates to (decrease/increase) causing SRAS to (decrease/increase) shifting the curve leftward/rightward) moving the economy back into long-run equilibrium. In the long-run, price level and Real GDP