The imaginary country of Top Island has the aggregate supply and aggregate demand curves as table shows. 1) Would you expect unemployment in this economy to be relatively high or low? Explain( Hint as curve is flat at some price level) 2) Would you expect concern about inflation in this economy to be relatively high or low, explain? 3) Imagine that consumers begin to lose confidence about state of economy, and so as becomes lower by 275 at every price level. Identify new aggregate equlibrium. 4) How will the shift in AD affect original output, price level and emoloyment?