Aggregate Expenditure (billions of dollars) -009 -OOL ODE- C+1+G+Xn Full This graph shows either an inflationary or recessionary gap. GDP (billions of dollars) OUS employment=> 009 OOL- 1. Using the above graph, what is the multiplier approximately? Show me your calculation. 2. Is it an inflationary gap or a recessionary gap? Why? 3. What two fiscal policies could you use to close that gap? How would you use them