Price level (GDP deflator, 2007 = 100) LAS 1 10 SAS 100 90 80 70 60 AD 0 320 360 400 440 480 520 Real GDP (billions of 2007 dollars) Refer to the above figure. a) Find the short-run macroeconomic equilibrium real GDP. b) Suppose this economy is in short-run macroeconomic equilibrium. Find the price level. c) Explain how the economy automatically adjusts to long-run equilibrium. d) What is the long-run macroeconomic equilibrium price level and real GDP