Inflationary or Recessionary Gap

Assume the full employment level in this economy =40 workers($900 2 points GDP). What problem would exist in this economy(type of gap)? * Possible Real Consumption Investment Government Net Aggregate Unplanned levels of GDP Spending Exports Expenditures Inventory employment (output) (5Points) (5 points) AB Y 40 900 360 $460 200 -80 #11 #16 50 1000 440 $460 200 -80 #12 #17 60 1100 520 $460 200 -80 #13 #18 70 1200 600 $460 200 -80 #14 #19 80 1300 680 $460 200 -80 #15 #20 Choose Inflationary Gap Recessionary Gap 1=40 workers($900 4 points