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Below is another set of aggregate supply (AS), aggregate demand (AS), and price levels: Table 5 Datafor Problem 43 Price AD AS Level 110 775

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Below is another set of aggregate supply (AS), aggregate demand (AS), and price levels: Table 5 Datafor Problem 43 Price AD AS Level 110 775 350 130 675 425 150 575 575 170 460 667 190 355 768 0 Part A: Plot the AD / AS graph and identify the equilibrium. 0 Part B: Let's imagine that AD reduces by 250 at every price level because of loss confidence in the economy by consumers. Show the new aggregate equilibrium by adding the new AD to the graph. 0 Part C: Compute the change in equilibrium by completing the table provided. 0 Part D: Explain how the original output, price level, and employment will be affected by the shift in AD

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