For each set of conditions given, use the aggregate supply – aggregate demand model to indicate what will happen to the price level and quantity of real domestic output (GDP).  Assume prices are flexible in both directions, unless directed otherwise. Be mindful of the time periods mentioned that align with the three versions of aggregate supply. Price    Real Level    GDP ____    ____ 4.  Consumer spending on imported goods increases in the long run.  ____    ____ 5.  Personal taxes increase in the short run.  Assume prices are                                     downwardly inflexible.    ____    ____ 6.  Cost-push inflation occurs in the short run.