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The full - employment level of GDP is $ 8 0 0 billion where the aggregate expenditures are $ 7 8 0 . The multiplier

The full-employment level of GDP is $800 billion where the aggregate expenditures are $780. The multiplier is 4. Given those facts, we know that the economy faces __________ blankexpenditure gap of __________ blank.
multiple choice
a recessionary; $5 billion
an inflationary; $5 billion
a recessionary; $10 billion
an inflationary; $10 billion
a recessionary; $20 billion
an inflationary; $20 billion

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