The combination of price level and real output where aggregate demand equals aggregate supply is known as Macro Equilibrium.
Macro equilibrium occurs at the point at which the aggregate demand equals to the aggregate supply. Here, there's a balance in the economic forces. The macroeconomic equilibrium is a state which doesn't bring about a change of the behavior of the economic operators.
Macroeconomic equilibrium occurs when the quantity of real GDP demanded equals the quantity of real GDP supplied at the point of intersection of the AD curve and the AS curve. If the quantity of real GDP supplied exceeds the quantity demanded, inventories pile up so that firms will cut production and prices.
If the quantity of real demand exceeds the quantity supplied, inventories are depleted so that firms will increase production and prices.
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