The logic performed by the circuit shown in the figure is equivalent to:
The circuit executes the following logical operations:
Applying De Morgan's law simplifies this to:
[ Y = a \cdot b. ]Consequently, the circuit functions as an AND gate.
Truth Table:
[ \begin{array}{|c|c|c|} \hline A & B & Y = A \cdot B \\ \hline 0 & 0 & 0 \\ 0 & 1 & 0 \\ 1 & 0 & 0 \\ 1 & 1 & 1 \\ \hline \end{array} ]The circuit's output corresponds to the truth table of an AND gate.
Final Answer:
[ \boxed{\text{AND Gate}} ]