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https://www.youtube.com/watch?v=Y3hjuu10JAM Below is another set of aggregate supply (AS ), aggregate demand (AS ), and price levels : Price AD AS Level 110 775 350

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https://www.youtube.com/watch?v=Y3hjuu10JAM Below is another set of aggregate supply (AS ), aggregate demand (AS ), and price levels : Price AD AS Level 110 775 350 130 675 425 150 575 575 170 460 667 190 355 768 Plot the AD /AS graph and identify the equilibrium Do you expect unemployment to be relatively high or low in this economy ? Explain why ? Do you expect inflation to be relatively high or low in this economy ? Is it a concern ? Explain your rationale . 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 Explain how the original output , price level , and employment will be affected by the shift in AD. Upload your final version to your ePortfolio to one of the three Institutional Outcomes listed on the first page of these directions Week 7: Reflection Due by the end of Week 7 at 11:59 pm, ET. Directions In Weeks 2, 3, 5, and 6, you used Microsoft Excel to plot demand and supply curves to find equilibrium price and quantity. In the process of completing

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