.. Use Figure 1 to work parts (a) and (b). Initially, the economy is at point B. GURE 1 ce level AS AS AD, AD 0.B 10 1.2 Real GDP (trillions of 2012/13 dollars) a) Some events change aggregate demand from ADO to AD1. Describe two possible events. What is the new equilibrium point? If potential GDP is $1 trillion, describe the type of macroeconomic equilibrium. b) Some events change aggregate supply from ASO to AS1. Describe two possible events. What is the new equilibrium point? If potential GDP is $1 trillion, does the