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Real Domestic Output Demanded (in Price Level (Index Real Domestic Output Billions) Value) Supplied $ 500 350 $ 3,500 1,000 300 3,000 1,500 250 2,500

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Real Domestic Output Demanded (in Price Level (Index Real Domestic Output Billions) Value) Supplied $ 500 350 $ 3,500 1,000 300 3,000 1,500 250 2,500 2,000 200 2,000 2,500 150 1,500 3,000 100 1,000 The accompanying table shows the aggregate demand and aggregate supply schedule for a hypothetical economy. If the quantity of real domestic output demanded increased by $1,000 at each price level, the new equilibrium price level and quantity of real domestic output would be 150 and $2,500 250 and $2,500. 200 and $2,000. 300 and $3,000

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