In the past two decades, the government of Qatar has made significant investments to increase the level of infrastructure and human capital in the country. Suppose the accompanying graph illustrates the aggregate demand (AD), short‑run aggregate supply (SRAS), and long‑run aggregate supply (LRAS) curves for Qatar before these investments were made. Assume all three curves were impacted by these investments. Adjust the graph to show Qatar’s new long‑run macroeconomic equilibrium.

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