Use the following table which shows the aggregate demand and aggregate supply schedules for a hypothetical economy to answer the next question.    The equilibrium price and output levels will be   Multiple Choice   300 and $8,000.   200 and $5,000.   200 and $6,000.   250 and $7,000.

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Q: Qd = 1000 -30*P -0.05*Y + 1*PB Qs = 20 + 10*P -3*W Variable definitions: Qd = quantity demanded of…

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