Use the table to answer the questions that follow. 60 65 7 75 .. - Create a fully labeled aggregate supply and aggregate demand diagram. - What is the equilibrium output and price level? Label this E on your graph. - |f aggregate demand shifts right, what is equilibrium output? Show this shift on your graph, labeling the new equilibrium E1. - |f aggregate demand shifts left, what is equilibrium output? Show this shift on your graph, labeling the new equilibrium E2. - In this scenario, what would you suggest using to alter the level of output or to control any inflationary increases in the price level? Why? Explain your logic