7. The long-run aggregate supply curve and short-run adjustments The following graph shows an economy's short-run aggregate supply curve (SRAS), current equilibrium aggregate price level (P)), and real GDP ( Q:). The economy currently has Natural Real GDP (Qx) of $6 trillion. Use this information to place the orange long-run aggregate supply curve (LRAS, square symbols) in the correct position on the graph. 101 LRAS SRAS 10 6 0₁ REAL GOP (Trilions of dollars) Natural Real GDP As a result, wages will The equilibrium A,, shown on the graph, reveals that real GDP (Q1) is shifting SRAS PRICE LEVEL 2 over time,

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