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need help on this Use the following information to draw aggregate demand (AD) and aggregate supply (AS) curves on the following graph. Output Demanded OIIIJJut

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Use the following information to draw aggregate demand (AD) and aggregate supply (AS) curves on the following graph. Output Demanded OIIIJJut Supplied pm\" \"Ml Marinate Demand] {Auumnate Supply! 300 a $300 100 smo 100 Instructions: Use the tools provided 'AD' and 'AS' to plot the aggregate demand (AD) and aggregate supply {AS} curves. Plot onlyr the endpoints of each line {plot 2 points for each line4 points total]. Both curves are assumed to be straight lines. Aggregate Suppl):I and Demand 900 Tools \\ 3\\ AD Price Level (average price) 6' '8 8 3 8 8 D D D D D D D %%%%%%%%% Real Oulpu (quantity per year) Instructions: Enter your response as a whole number. a. What is the equilibrium price level? 55 b. What curve {AD or A5} would have shifted if a new equilibrium were to occur at an output level of 100 and a price level of $100? 0 AS would have shifted to the left. 0 AS would have shifted to the right. 0 AD would have shifted to the right. 0 AD would have shifted to the left. c. What curve would have shifted ifa new equilibrium were to occur at an output level of 450 and a price level of $450? 0 AS would have shifted to the left. 0 AD would have shifted to the left. 0 AS would have shifted to the right. 0 AD would have shifted to the right

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