in an economy, full employment output is equal to $22 billion and current output is equal to $20.4 billion. the marginal propensity to consume is equal to 0.75. instructions: enter your response rounded to two decimal places. a. this economy is multiple choice 1 in a long-run equilibrium. not in equilibrium. experiencing an inflationary gap. experiencing a recessionary gap. b. if autonomous expenditure (click to select) by $ billion, then current output would be equal to full employment output.