Safari File Edit View History Bookmarks Window Help MO ? Q O Wed Mar 22 4:00 PM ng.cengage.com C + 88 D2L E U G G W H W W D21 Mind Ta.. G D2L CENGAGE |MINDTAP Q Search this course ? Ameer Homework 8: Chapter 14 O X (? 140 A-Z LRAS 135 AS AD 130 125 AS 120 A PRICE LEVEL 115 LRAS bongo 110 AD 105 100 100 105 110 115 120 125 130 135 140 OUTPUT (Billions of dollars) At O The short-run economic outcome resulting from the increase in production costs is known as Now suppose that the government decides not to take any action in response to the short-run economic impact of the severe weather. In the long-run, when the government does nothing, the output in the economy will be $ billion and the price level will be