Answer the entire question pictured below Inflation expectations:higher or lowerTax rates: increase or decrease Burdensome regulations:Decrease or Increase

Homework(Ch 33) The following graph shows a decrease in short-run aggregate supply (AS) in a hypothetical economy where the currency is the dollar. Specifically, the short-run aggregate supply curve shifts to the left from AS, to A$2, causing the quantity of output supplied at a price level of 100 to fall from $200 billion to $150 billion. (?) 200 AS, 175 AS 150 125 PRICE LEVEL 100 75 50 25 0 50 100 150 200 250 300 350 400 QUANTITY OF OUTPUT The following table lists several determinants of short-run aggregate supply. Fill in the table by indicating the changes in the determinants necessary to decrease short-run aggregate supply. Change Needed to Decrease AS Inflation expectations Tax rates Burdensome regulations