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Disposable Income=GDP Consumption Ig G X M $150000 $195000 $9000 $14000 $12000 $20000 $300000 $330000 $9000 $14000 $12000 $25000 $450000 $465000 $9000 $14000 $12000 $30000

Disposable Income=GDP Consumption Ig G X M

$150000 $195000 $9000 $14000 $12000 $20000

$300000 $330000 $9000 $14000 $12000 $25000

$450000 $465000 $9000 $14000 $12000 $30000

$600000 $600000 $9000 $14000 $12000 $35000

$750000 $735000 $9000 $14000 $12000 $40000

potential GDP equals $800,000,

taxes =0.015Y, where Y represents GDP

1-Solve for the actual multiplier based upon the information provided throughout this problem.

2-Solve for the simple multiplier based upon the information provided throughout this problem.

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