(Data are expressed in billions of dollars.) Table 9.2 Full Employment Income (Output) $ 500 Consumers Desire to Spend $ 300 Investors Desire to Spend $ 250 250 Total Private Spending $ $ $ $ Total Saving $_1 $ $ $ 600 375 700 450 250 tatata Atta 800 525 250 (Table 9.2) If the full-employment level of income (Y) is $700 billion, Multiple Choice O there is an inflationary gap of $700 billion. O the economy is in equilibrium. O there is a recessionary gap of $250 billion. O there is an inflationary gap of $450 billion.