1.1. Go to www.fgn.unisg.ch/eurmacro/Tutor/ keynesiancross.html. Make sure the following settings are used: 1=0, G=200, c=0.8, and m=0.0....

Question:

1.1. Go to www.fgn.unisg.ch/eurmacro/Tutor/ keynesiancross.html. Make sure the following settings are used: 1=0, G=200, c=0.8, and m=0.0. Click on the "memorize" button. Note the value of equilib- rium output. Now, decrease G by 50. What is the value of equilibrium output? What is the implied multiplier?

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