M The tables below show the aggregate demand and two aggregate supplies for the economy of Zandu. GSPAK куте Price Index 85 86 87 88 89 90 91 92 Aggregate Quantity Demanded 950 900 850 800 750 700 650 600 Price Index 85 86 87 88 89 90 91 92 Aggregate Quantity Supplied (1) < Prev a. Of the two aggregate supply schedules, (1) or (2), the neoclassical aggregate supply is schedule 1 Of the two aggregate supply schedules, (1) or (2), the Keynesian aggregate supply is schedule 2 b. According to the neoclassical school, the equilibrium level of price would be c. According to the Keynesian school, the equilibrium level of price would be Assume that aggregate demand increased by $50. d. According to the neoclassical school, the new equilibrium value of price is and equilibrium real GDP is $[ the neoclassical school. L e. According to the Keynesian school, the new equilibrium value of price is and the Keynesian school. 800 800 800 800 800 800 800 800 4 of 18 Price Index 88 88 Next > V $ 88 88 88 and equilibrium real GDP would be $ and equilibrium real GDP would be $ 88 88 88 and equilibrium real GDP is $according to equilibrium real GDP is according to Aggregate Qua Supplied (2 650 700 750 800 850 900 950 1,000