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21. Use Table 26.3 to answer the following questions. You are required to draw an Aggregate Demand Aggregate Supply graph on this problem using the
21. Use Table 26.3 to answer the following questions. You are required to draw an Aggregate Demand Aggregate Supply graph on this problem using the data provided in Table 26.3. You should show 3 AD curves on the graph. Along with the graph you need to parts b. c. d. e. 90 3,000 3,500 95 3,000 3,000 100 3,000 2,500 105 3,000 2,200 110 3,000 2,100 a. Sketch an aggregate supply and aggregate demand diagram. b. What is the equilibrium output and price level? 0. If aggregate demand shifts right, what is equilibrium output? d. If aggregate demand shifts left, what is equilibrium output? e. In this scenario, would you suggest using aggregate demand to alter the level of output or to control any inationary increases in the price level
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