Match the labelled points in the accompanying figure (and listed below, at left) with the various equilibrium possibilities given below, at right. Point E is A. Short-run equilibrium only Point E1 is B. Both short- and long-run Point E3 is C. Long-run equilibrium only Point E2 is D. Neither When the economy is in a position such as E1, it is operating the full-employment level of real GDP..