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4 Given for the 3 sectors economy for country Ukraine' MPS Real National Income (Yr) Original tax Original Govemment Expenditure 04 = RM80,OOO million
4 Given for the 3 sectors economy for country Ukraine' MPS Real National Income (Yr) Original tax Original Govemment Expenditure 04 = RM80,OOO million RM8,OOO million RM7,500 million a) b) c) d) Determine the govemment expenditure multiplier (Multiplier G) and tax multiplier (Multiplier T) in this economy. (2) If the government expenditure changes its by RM600 million, what is the new equilibrium national income? If the new tax is RM7,850 million, find the new equilibrium income level_ If the national income level wants to be achieved at RM78,000 million; What is the amount of expenditure that the govemment should do? (2) (2) (2) 11. If the government wants to use the technique of tax, how much should the total tax be? (2) (Total : 10 marks)
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