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Consider an economy with following data: C= 425 + .85yd T = 100 + .2Y 1 = 1800 G = 2650 NX = -700 .

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Consider an economy with following data: C= 425 + .85yd T = 100 + .2Y 1 = 1800 G = 2650 NX = -700 . Calculate the multiplier (M) ? . Calculated the Autonomous Spending (A)? . Calculate the level of GDP (Y)? . If Government increases the lump sum tax by $50, What is the equilibrium GDP

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