Saved Help Save & Exit 5 Suppose the full-employment level of real output (Q) for a hypothetical economy is $500 and that the price level (P) Initially is 100. Use the following short-run aggregate supply schedules to answer the next question. (a) AS(P100) (b) AS(P125) (c) AS(P75) P Q P Q P Q 00:46:27 125 $560 125 $500 125 $620 100 500 100 440 100 560 75 440 75 380 75 500 Refer to the information above. If the price level unexpectedly increases from 100 to 125, the level of real output in the short run will: Multiple Choice O rise from $500 to $560. O fall from $560 to $500. O rise from $440 to $500. O fall from $500 to $440