Answer the questions below based on the following economy:

Question 3 [10 points] Answer the questions below based on the following economy: 0 = 4,000 + 0.5(v n I: I0: 2,000 G = Go = 2,500 X: 400 [M = 300 T: T0 = 2,500 Yp = 11,000 Note: Keep as much precision as possible during your calculations. Your final answer should be accurate to at least two decimal places. a) Find autonomous expenditure. IAutonomous Expenditure = $0 I b) Find the multiplier. IMultiplier = 0 I c) Find short-run equilibrium output. IShortrun Equilibrium Output = $0 I d) Find the output gap. IOutput Gap = $0 I e) By how much would autonomous expenditure have to change to eliminate the output gap? I(Select Change) by $ 0