Government spending/net taxes 400 350 300 250 200 150 100 50 50 The Economy of Motak My Of Motak using the graph below. NTR G1 0 0 200 400 600 800 1000 1200 1400 Real GDP Tools G a. If GDP is $800 and government spending is G1, the size of Motak's budget deficit is $ billion. b. If government spending is decreased by the size of the deficit in part (a), draw the new curve labelled G2 in the graphing area above. c. Suppose the multiplier has a value of 2, the new level of equilibrium GDP is $ d. Motak's deficit at this new level of equilibrium GDP is $1 billion. billion.