Use the table above to answer the following questions. a) What is the value of real GDP and price level at the long run macroeconomic equilibrium? b) What is the value of real GDP and price level at the short run macroeconomic equilibrium? c) Is the short-run macroeconomic equilibrium a full-employment equilibrium, below full- employment equilibrium, or above full-employment equilibrium? d) How will this economy return to its long run equilibrium? Explain using self-correcting mechanism.

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