Answer the Questions below please with Explanation

Notes Deadline for submission is between 11/3/2020 - 18/03/2020. Online submission only will be accounted Rules To Be Adhered To Proper Referencing and Plagiarism: All submitted projects are expected to be properly referenced. Plagiarised assignments will be penalised. Plagiarism is the copying of another person's ideas or expressions without appropriate acknowledgment and presenting these ideas or forms of expression as your own. Plagiarism includes copying any material from books, journals study notes or tapes, the web, the work of other students, or any other source without indicating this by quotation marks or by indentation, italics or spacing and without acknowledging that source by footnote or citation. Plagiarism also includes the use of the work of other students as your own without acknowledgment. The College and University regard plagiarism as an extremely serious academic offence and will impose penalties n. Plagiarism her students of and without The Questions I-How do the values of the tax multiplier and the government spending multiplier change as the MPC increases? Explain why the multipliers change. If the MPC were 0, what would the government spending and tax multipliers equal? If the MPC were 1, what would the government spending and tax multipliers equal? 2- Determine the impact of an increase in government spending of 5 billion when the MPC is .8. Determine the impact of a decrease in government spending of $2.5 billion when the MPS is 1/3 3-The MPC in UAE is.75. (a) If taxes were reduced by $1,000 in UAE, by how much would equilibrium output change? (b) If goverment spending were increased by $1,000 in UAE, by how much would equilibrium output change? (c) Explain why a tax cut of S1,000 would have less effect on the economy of UAE than an increase in goverment spending of $1,000 4.Explain why we must take into account changes in business inventories when calculating GDP. 5-Explain what the phrase "net factor income to the rest of the world" means and explain why this item is added when using the income approach to calculate GDP. Good luck