1)Assume that over the next ten years, the level of educational attainment in the US increases significantly. 2)A new law requiring all businesses to provide health care for their employees is signed by the President.
3)Tourists flock to visit the major theme park's in Orlando, Florida.

Write the explanation of the short-run effect: include the determinant of AD or As that causes the shift, The line that shifts, the direction of the shift(left or right), and the impact on output and price level.
also, submit a graph of aggregate demand and aggregate supply for the scenario

Kandon enterprises, inc., has two operating divisions; one manufactures machinery and the other breeds and sells horses. both divisions are considered separate components as defined by generally accepted accounting principles. the horse division has been unprofitable, and on november 15, 2018, kandon adopted a formal plan to sell the division. the sale was completed on april 30, 2019. at december 31, 2018, the component was considered held for sale. on december 31, 2018, the company’s fiscal year-end, the book value of the assets of the horse division was $415,000. on that date, the fair value of the assets, less costs to sell, was $350,000. the before-tax loss from operations of the division for the year was $290,000. the company’s effective tax rate is 40%. the after-tax income from continuing operations for 2018 was $550,000. required: 1. prepare a partial income statement for 2018 beginning with income from continuing operations. ignore eps disclosures. 2. prepare a partial income statement for 2018 beginning with income from continuing operations. assuming that the estimated net fair value of the horse division’s assets was $700,000, instead of $350,000. ignore eps disclosures.