Suppose the Fed doubles the growth rate of the quantity of money in the economy. In the long run, the increase in money growth will change which of the following?Check all that apply.

• The inflation rate
• The size of the labor force
• The price level
• The quantity of physical capital

Suppose the economy produces real GDP of $50 billion when unemployment is at its natural rate.

Use the purple points (diamond symbol) to plot the economy's long-run aggregate supply (LRAS) curve on the graph. 132 O 128 LRAS 124 120 116 PRICE LEVEL 112 108 104 100 10 20 30 40 50 60 70 80 OUTPUT (Billions of dollars)