Please show work

16. Suppose we start in long-run equilibrium in the model of this chapter. Subsequently, we have a decrease in aggregate demand (which causes the aggregate price level, P, and real GDP, Q, to decrease in the short run). In our aggregate demand and supply model (with worker misperception in the short run, but flexible wages), we would expect there to be a. a decrease (leftward shift) in the supply curve of labor (as a function of W) once workers realize that P has decreased. b. a decrease in unemployment in the short run. c. an increase in P in the future. d. an increase in the nominal wage, W, paid to workers (in the short run). e. a decrease (leftward shift) in the demand for labor (as a function of nominal wage level, W). 17. Consider our model of the labor market in the case where the wage is inflexible downward (perhaps