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Answer the questions below based on the following economy: C = 4,000 + 0.5( Y - T ) I = I 0 = 2,000 G

Answer the questions below based on the following economy:

C= 4,000 + 0.5(Y-T)

I=I0= 2,000

G=G0= 2,000

X= 200

IM= 100

T=T0= 2,000

Yp= 11,000

a)Find autonomous expenditure.

b)Find the multiplier.

c)Find short-run equilibrium output.

d)Find the output gap.

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