1. Which of the following applies to the diagram below? AE AE =Y 6:00 A AE=C+H+G+NX 5:00 45 degree 300 Y potential Y, real output A. The recessionary gap is $100 billion G B. The equilibrium output level is $300 billion C C. The recessionary output gap is $300 billion " D. The recessionary output gap is $200 billion E. A, B and C