Suppose the Aggregate Demand and Supply schedules for a hypothetical economy are as shown below:Amount of Real Domestic Price Level Amount of Real DomesticOutput Demanded $($billions$)($Price Index$)$ Output Supplied $($billions$)$$$200300$ $$800$$$400250$ $$800$$$600200$ $$600$$$800150$ $$400$$$1,000100$ $$200$Use the data to graph the Aggregate Demand and Aggregate Supply curves.What will be the equilibrium price and output levels in this hypothetical economy? Is it also the full employment level of output? Explain.Why wont $150$ be the equilibrium price level? Why wont $250$ be the equilibrium price level? Explain.Suppose demand increases by $$400$ billion at each price level. What will be the new equilibrium price and output levels? Explain and show on the graph.What factors might cause the Aggregate Demand to increase as in question $4?$ Explain.