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Use the graph to answer the question. LRAS SRAS2 Price Level SRAS AD2 AD. Real GDP Which of the following accurately describes the state of the macro-economy if it is operating at the intersection of the AD, and SRAS2 curves? t is operating at full employment and is in both a short-run and long-run equilibrium. B t is operating above full employment and is in both a short-run and long-run equilibrium. t is operating below full employment and is in a short-run but not a long-run equilibrium. D It is not in short-run equilibrium because output is below full employment. It is in long-run equilibrium because the economy is at full employment