using the aggregate expenditures model, answer the questions below to show how government fiscal policy could eliminate either a recessionary expenditure gap or an inflationary expenditure gap.a. given that full employment exists at $4,500 billion, does a recessionary gap or an inflationary gap exist? (click to select) b. identify this gap using the diagram above. instructions: (1) use the tool provided 'gap' to show this expenditure gap. the tool will display a two-ended arrow. drag one end of the arrow to the lowest value of the expenditure gap and drag the other end to the highest value of the gap. c. what is the dollar amount of the expenditure gap? $ billion
