Question 26 (1 point) Listen 9 Price Level AD ... bc Real GDP Refer to the figure above. If aggregate supply is AS, and aggregate demand is ADo, then: Of represents a price level that would result in a shortage of real output of ac a surplus of real output of gh would occur Of represents a price level that would result in a surplus of real output of ac at any price level above g, a shortage of real output would occur Ofrepresents a price level that would result in a surplus of real output of aValues of Canadian Dollars in terms of British Pounds ... Do D Quantity in Canadian Dollars Under a system of flexible exchange rates, the shift in demand from Do to Dj and in supply from So to $1: will ultimately cause Canada's exports to decline and its imports to rise O causes the dollar to depreciate O causes the pound to depreciate O causes the dollar to appreciate O has no effect on the values of the two currenciesIn the following diagram, S. and D are the domestic supply and demand for a product and P is the world price of that product. Sa Price ($) EX D ... Quantity In the following diagram, S. and D are the domestic supply and demand for a product and P- is the world price of Sa Price ($) EX Refer to the figure above to answer the following question.Given the tariff, the quantities sold by foreign and domestic producers, respectively, would be: x and xz xz and x O wy and w Oy and yz O vz and vQuestion 47 (1 point) Listen In the following diagram, Sao and D are the domestic supply and demand for a product and Po is the world price of that product. Si is the product supply after an import quota is imposed. Sdo ... Price ($) Quantity Refer to the figure above to answer the following question. Assuming there is no tariff, the imposition of the import quota: will increase the revenues of foreign producers by area E O will increase the revenue of the Canadian government by areas G + H O will increase the revenues of foreign producers by area F + J O leads to an extra revenue to foreign producers equal to areas G + H, which partly counteracts the loss they bear because of lower quantities supplied will increase the revenue of the Canadian government by areas E + F + G + H + J