Question 6 The imaginary country of Harris Island has the aggregate supply and aggregate demand curves as shown in the table below. [All on Excel] Price Level AD A5 100 3'00 2130 120 60B 325 140 500 500 160 400 570 180 300 620 a) Plot the AD/AS diagram. Identify the equilibrium. b) Would you expect unemployment in this economy to be relatively high or low? c) Would you expect concern about ination in this economy to be relatively high or low? d) Imagine that consumers begin to lose condence about the state of the economy, and so AD becomes lower by 215 at every price level. Identify the new aggregate equilibrium. e] How will the shift in AD affect the original output, price level, and employment