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 level of technological knowledge The price level The quantity of physical capital Suppose the economy produces real GDP of $40 billion when unemployment is at its natural rate Use the purple points (darond symbol) to plot the economy's long-run aggregate supply (RAS) curve on the graph. 132 120 URAS 24 120 PRICE LEVEL THE 112 100 104 00 0 10 20 30 40 60 70 30 164 100 10 70 80 20 30 40 50 80 OUTPUT (Billions of dollars) Suppose the government passes a law that reduces unemployment benefits in a way that causes unemployed workers to seek out new jobs more quickly. The policy will cause the natural rate of unemployment to which will: Not affect the long-run aggregate supply curve Shift the long-run aggregate supply curve to the right Shift the long-run aggregate supply curve to the left In the following table, determine how each event affects the position of the long run aggregate supply (LRAS) curve. Direction of LRAS Curve Shift The government allows more immigration of working-age adults who find work. For environmental and safety reasons, the government requires that the country's nuclear power plants be permanently shut down An investment tax credit increases the rate at which firms acquire machinery and equipment