How do fluctuations in aggregate demand and short-run aggregate supply bring fluctuations in real GDP around potential GDP? Part 1 Starting from a full-employment equilibrium, an increase in aggregate demand ______, and creates ______ gap. A. decreases real GDP below potential GDP; a recessionary B. increases real GDP above potential; a recessionary C. increases real GDP above potential GDP; an inflationary D. decreases real GDP below potential GDP; an inflationary . . . Part 2 Starting from a full-employment equilibrium, an increase in short-run aggregate supply ______ the price level and ______ potential GDP. A. decreases; decreases real GDP below B. increases; decreases real GDP below C. increases; increases real GDP above D. decreases; increases real GDP above