Question: Problem 11-6 (algo) The table below shows aggregate demand and aggregate supply schedules in a hypothetical economy, Athabasca, whose MPC is equal to 0.80 and

Problem 11-6 (algo) The table below shows aggregate demand and aggregate supply schedules in a hypothetical economy, Athabasca, whose MPC is equal to 0.80 and whose natural unemployment rate is estimated to be 3.5 percent. Price Level Real GDP ADe (2012 $ (2012 = 100) Real GDP AD1 (2012 $ billions) Real GDP AS (2012 $ billions) billions) 100 420 490 90 480 480 80 540 460 70 600 420 60 660

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