Price level AD SRAS LRAS 100 300 300 600 110 700 400 600 120 600 500 600 130 500 600 600 140 400 700 600 25. Consider the imaginary economy in the above table. Which of the following statements is true about its current short-run equilibrium A) There is a recessionary gap of $100 E] II . . i 5 5 II C) It is a full-employment equilibrium D) There is an inationary gap of $100 E) There is an inflationary gap of $50