Real Domestic Output Demanded Price Level Real Domestic (In Billions) (Index Value) Output 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 above table shows the aggregate demand and aggregate supply schedule for a hypothetical economy. Refer the table and answer the following questions: If the quantity of real domestic output demanded increased by $1000 at each price level, hen find the new equilibrium price level and quantity of real domestic output. If the quantity of real domestic output demanded decreased by $500 and the quantity of eal domestic output supplied increased by $500 at each price level, then find the new quilibrium price level and quantity of real domestic output. A BIJ E E E