Real GDP demanded Price Level Real GOP supplied billions of 2000 dollars) billlord of 2000 dollars 70 825 250 450 675 100 110 675 120 1490 750 130 375 140 300 900 The table above shows Purpleland's economy aggregate demand and supply schedules. Purpleland's potential GDP is $675 billion. a) What are the short-run equilibrium real GDP and price level in Purpleland? bj What is the long-run equilibrium real GDP? () Is Purpleland's short-run macroeconomic equilibrium a full-employment equilibrium, below full-employment equilibrium, or above full-employin What is the inflationary gap (if any)