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. Starting from full-employment equilibrium indicate whether each of the following factors will affect aggregate demand (AD) or aggregate supply (AS) and whether the effect

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. Starting from full-employment equilibrium indicate whether each of the following factors will affect aggregate demand (AD) or aggregate supply (AS) and whether the effect would be an increase or a decrease. Then, indicate what will happen to the price level and the level of real GDP and what type of equilibrium will result. a. A decrease in interest rates. (Click to select) " would (Click to select) ; Price level would (Click to select) ; Real GDP would | (Click to select) resulting in a(n) (Click to select) gap. b. An improvement in technology. (Click to select) would | (Click to select) ; Price level would (Click to select) ; Real GDP would (Click to select) resulting in a(n) | (click to select) gap. c. An increase in the exchange rate. (Click to select) would (Click to select) "; Price level would (Click to select) "; Real GDP would (Click to select) resulting in a(n) | (click to select) gap. d. A decrease in government spending. (Click to select) would (click to select) ; Price level would (Click to select) ; Real GDP would (click to select) resulting in a(n) | (Click to select) gap. e. An increase in the money supply. (Click to select) would (click to select) ; Price level would (Click to select) ; Real GDP would | (Click to select) resulting in a(n) | (Click to select) gap. f. An increase in the nominal wage rate. (Click to select) would (Click to select) ; Price level would (Click to select) ; Real GDP would (click to select) resulting in a(n) | (Click to select) gap

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