Assume that aggregate demand and the short run supply for a hypothetical economy are as illustrated below:
![608_Hypothetical economy.png](https://secure.tutorsglobe.com/CMSImages/608_Hypothetical economy.png)
Employ these sets of data to graph the aggregate demand and supply curves. Determine the equilibrium price level and level of real domestic output in this supposed economy? Is the equilibrium real output also the absolute full capacity real output? Describe.