Suppose that the table presented below shows an cconomy's relationship between real output and the inputs needed to produce that output: Instructions: Enter your responses answers rounded to 2 decimal places. a. What is the level of productivity in this economy? b. What is the per-unt cost of production if the price of each input unit is $2? $ c. Assume that the input price increases from $2 to $3 with no accompanying change in productivity. What is the now per-unit cost of production? $ In what direction would the $1 increase in input price push the economy's aggregate supply curve? What effect would this shift of aggregate supply have on the price level and the level of real output? Both the price level and ieal output would remain the same. The price level would decrease and real output would remain the same. The price level would decrease and real output would increase. The price level would increase and real output would decrease. d. Suppose that the increase in input price does not occur but, instead, that productivity increases by 100 percent. What would be the new per-unit cost of production? $ What effect would this change in per-unt production cost have on the economy's aggregate supply curve? What effect would this change in per-unit production cost have on the economy's aggregate supply curve? No effect. It would cause the aggregate supply curve to shift left. It would cause the aggregate supply curve to shift right. What effect would this shift of aggregate supply have on the price level and the level of real output? The price level would decrease and real output would increase. The price level would increase and real output would decrease. The price level would decrease and real output would remain the same. Both the price level and real output would remain the same