Question: Please make it faster it is for exam practice. Question 2: (4 marks) 1. Use the model of aggregate demand and aggregate supply to explain

Please make it faster it is for exam practice.

Question 2: (4 marks) 1. Use the model of aggregate demand and aggregate supply to explain how each of the following would affect real GDP and the price level. Include graphs in your answers: a. An increase in tax rates for businesses and consumers (Short run) b. A decrease in the capital stock of the country (Long run) c. An increase in the income of China which is a major purchaser of Canadian exports (short run) d. An investment of the Government in a new hospital

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