(false). Answer following arguments regarding AD-AS model by T (true) or F (1)AD-AS curve can be obtained by summing all the demand and supply of each individual goods. (2)With the same level of actual price level and expected price level, AD curve is vertical at the GDP level which is under the natural rate of unemployment (3)With the increase in price level, production increase causes AS curve shifts to the right (4)When government increases government expenditure, AD curve shifts to the right