4. Use the data to complete the table below. Graphing is not required, but it may be helpful. Price Level SRAS AD LRAS 98 100 900 600 100 200 750 600 102 300 600 600 105 450 450 600 108 500 300 600 Short Run Equilibrium Real GDP Short Run Equilibrium Price Level Is the economy at full employment? Long Run Equilibrium Real GDP Long Run Equilibrium Price Level Potential Real GDP Type of Output Gap Size of the Output Gap Is Unemployment Above, Below, or Equal to the Natural Rate? 5. For each of the following: i. State one thing that could cause the relevant curve shift. ii. State whether short run equilibrium price level will increase, decrease, or stay the same. iii. State whether short run equilibrium real GDP will increase, decrease, or stay the same. iv. State whether long run equilibrium price level will increase, decrease, or stay the same. V. State whether long run equilibrium real GDP will increase, decrease, or stay the same. Aggregate demand increases. b. Short run aggregate supply decreases. C. Long run (and short run) aggregate supply increases