We have to plot question #1 first using the table of values shown below. Then we can answer a-e. Any help would be great! :)

"a Module5_Ch1'l AS-AD Graph and MPC-'l - Compatibility Mode AutoSave . OFF 686v Home Insert Draw Design Layout References Mailings Review View 15 Share G Comments > ' V g V Paste d B I E v ab X1 X2 A V I v A v I: v Normal No Spacing Heading 1 Heading 2 { Sgg'l'is Dictate Sensitivity Plot an AD-AS Grabh. This problem is adapted from Ch.11 Problem 61 Table 11.4 Santher's Economy. 1. Table 11.4 describes Santher's economy. Price Level AD AS 50 1,000 250 60 950 580 70 900 750 80 850 850 90 800 900 Tab|e11.4 Price Level: AD/AS a. (4 points) Plot the AD/AS curves and identify the equilibrium. Label correctly the AD/AS graph. b. (2 points) Would you expect unemployment in this economy to be relatively high or low? c. (2 points) Would you expect prices to be a relatively large or small concern for this economy? d. (2 points) Imagine that input prices fall and so AS shifts to the right by 150 units. Plot a new AS curve and identify the new equilibrium on the same graph from (a). e. (2 points) How will the shift in AS affect the original output, price level, and employment? Ch.12 Keynesian Perspective on MPG and Spending Multiplier (Instructor Note and Appendix) 2. Assume that there is an autonomous increase in investment spending of $20 billion and the MPC is given as 0.4, and assuming taxes, imports, and savings are all equal: Page 1 of 2 284 words U? English (United States) D Focus n L='=0 =__= E - L/ + 127%