The following information is given about an economy's aggregate demand and short-run aggregate supply curves. Using the graph below, answer the questions that follow. Potential GDP (the YP curve) is constant at $750, as shown on the graph. The initial short-run aggregate supply curve (AS0) is: P=50+0.04Y The initial aggregate demand curve (AD0) is: P=1250.06Y Initial Short-run Aggregate Supply (AS0) Initial Short-run Aggregate Supply (AS0) Initial Aggregate Demand (AD0) Initial Short-run Equilibrium Point (EQS0) New Aggregate Demand (AD1) New Short-run Equilibrium Point (EQS1) New Output Gap-Adjusted Equilibrium Point (EQADJ) New Shnrt-r in Ancrenate Sunnlv (A.S1) point. c) Does any type of gap exist in this scenario? If so, what type of gap and of what amount? (If you decide that no gap exists, leave the "amount" column at 0 .) box at the top of the graph to plot this point. e) Does any type of gap exist in this new scenario? If so, what type of gap and of what amount? (If you decide that no gap exists, leave the "amount" column at 0. ) Equilibrium Point (EQ EDAD) from the drop-down box at the top of the graph to plot this point. change. Plot this curve on the graph (select the curve labeled "New Short-run Aggregate Supply (AS1) from the drop-down box at the top of the graph). The following information is given about an economy's aggregate demand and short-run aggregate supply curves. Using the graph below, answer the questions that follow. Potential GDP (the YP curve) is constant at $750, as shown on the graph. The initial short-run aggregate supply curve (AS0) is: P=50+0.04Y The initial aggregate demand curve (AD0) is: P=1250.06Y Initial Short-run Aggregate Supply (AS0) Initial Short-run Aggregate Supply (AS0) Initial Aggregate Demand (AD0) Initial Short-run Equilibrium Point (EQS0) New Aggregate Demand (AD1) New Short-run Equilibrium Point (EQS1) New Output Gap-Adjusted Equilibrium Point (EQADJ) New Shnrt-r in Ancrenate Sunnlv (A.S1) point. c) Does any type of gap exist in this scenario? If so, what type of gap and of what amount? (If you decide that no gap exists, leave the "amount" column at 0 .) box at the top of the graph to plot this point. e) Does any type of gap exist in this new scenario? If so, what type of gap and of what amount? (If you decide that no gap exists, leave the "amount" column at 0. ) Equilibrium Point (EQ EDAD) from the drop-down box at the top of the graph to plot this point. change. Plot this curve on the graph (select the curve labeled "New Short-run Aggregate Supply (AS1) from the drop-down box at the top of the graph)