The table sets out Canada's aggregate demand and aggregate supply schedules. Price Real GDP level (GDP demanded deflator) Real GDP supplied (billions of 2000 dollars) 140- 130- 110 ៩៩៖ 900 600 800 800 130 700 1,000 Draw Canada's aggregate demand curve and label it AD. Draw Canada's aggregate supply curve and label it AS Draw a point at Canada's macroeconomic equilibrium. If Canada's potential GDP is $750 billion, draw and label a line to show potential GDP. When potential GDP is $750 billion, there is macroeconomic equilibrium. 120- 110- 100- 90- Price level (GDP deflator) 80 550 650 750 Real GDP (billions of 2000 dollars) 850 950 1050

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