Match the labelled points in the accompanying gure (and listed below, at left) with the various equilibrium possibilities given below, at right. Point E is D A. Short-run equilibrium only Point E1 is B. Both short and longrun Point E3 is ' C. Long-run equilibrium only Point 52 is D. Neither Price level When the economy is in a position such as E1, it is operating : the fullemployment level of real GDP. Real GDP