Return Answer the following questions on the basis of the following three sets of data for the country of North Vaudeville (A) (0) Price Level 110 100 95 90 Real GOP 240 () Price Level Real GOP 100 215 100 240 100 265 290 Real GDP 290 265 240 215 Price Level 110 100 95 90 240 240 100 240 a. Which set of data illustrates aggregate supply in the immediate short run in North Vaudeville? The data in B The short run? The data in A The long run? The data in NA b. Assuming no change in hours of work, if real output per hour of work decreases by 20 percent, what will be the new levels of real GDP in the right column of A? Instructions: Enter your answers rounded to 1 decimal place At a price level of 110 At a price level of 100 At a price level of 95. At a price level of 90: Does the new cata reflect an increase in aggregate supply or does it indicate a decrease in aggregate supply