-The table above gives the aggregate demand and aggregate supply schedules in Lotus Land. With no changes in aggregate demand or long-run aggregate supply, in long-run macroeconomic equilibrium, the price level will be ________ and real GDP will be ________.
Definitions:
Uniformitarianism
The principle suggesting that Earth's geologic processes acted in the same manner and with essentially the same intensity in the past as they do in the present, and that this consistency accounts for all geological changes.
Allopatric Speciation
Speciation pattern in which a physical barrier arises and separates populations, ending gene flow between them.
Geographic Isolation
A form of reproductive isolation in which two populations are separated by physical barriers, leading to the development of distinct species.
Rapid Evolutionary Change
A process where species undergo significant alterations in their genetic makeup over relatively short geological periods, often in response to dramatic environmental shifts.
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