FEN.06 Homework Answered Due Mar 17th, 11:59 PM Choose the correct sequence of events that might bring an economy to full employment if it is currently at a level of real GDP above the potential level of GDP. Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a price level goes up, lowering wages and increasing output b price level goes up, increasing wages as well as output c wages rise, increasing prices and decreasing output X Your answer wages fall, decreasing prices as well as output ASDE.78 Homework . Unanswered . Due Today, 11:59 PM How much autonomous spending is needed to cover a $5 trillion output gap if the expenditure multiplier is 3 (answer in trillions to two decimal places)? Type your numeric answer and submitASDE.98 Homework . Unanswered . Due Today, 11:59 PM Suppose the initial change in spending is $12 billion. The indirect effects of that change cause a change in total spending of $18 billion. What is the spending multiplier? Type your numeric answer and submit