The following graph shows the economy in long-run equilibrium at an expected price level of 120 and potential output of $300 billion. Suppose the currency of a major trading partner depreciates, causing foreign purchases of domestic goods and services to decline sharply. Shift the short-run agaregate supply (SRAS) curve or the agaregate demand (AD) curve to show the short-run impact of the depreciation of the foreign currency on the graph. Note: Select and drag one or both of the curves to the desired position. Curves will snap into position, so if you try to move a curve and it snaps back to its original position, just drag it a little farther. @ 240 o 200 SRAS 160 SRAS 120 / PRICE LEVEL o 100 200 300 400 500 600 REAL GDP (Eillions of dollars) In the short run, the decrease in foreign spending on domestic goods due to the depreciation of the other country's currency shifts the aggregate supply " curvetothe W |, causing the price level to w the price level people expected, and the quantity of output to w potential output. The depreciation of the foreign currency will cause the unemployment rate to w the natural rate of unemployment in the short run