The following chart indicates the aggregate demand (AD) and short-run aggregate supply (SRAS) schedules of decision makers for the current period. Both buyers and sellers previously anticipated that...

The following chart indicates the aggregate demand (AD) and short-run aggregate supply (SRAS) schedules of decision makers for the current period. Both buyers and sellers previously anticipated that the price level during the current period would be P105. a. Indicate the quantity of GDP that will be produced during this period. b. Will it be a long-run equilibrium level of GDP? Why or why not? c. What will the relationship between the actual and natural rates of unemployment be during the period? Explain your answer. AD105 Price Level SRAS105 6,900 90 4,500 6,600 95 4,800 6,300 100 5,100 6,000 105 5,400 5,700 110 5,700 5,400 115 6,000