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Hello: I need help with the following questions: Question 1: The spending of the households, businesses and the government in the Banana Republic is expressed

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Hello: I need help with the following questions:

Question 1:

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The spending of the households, businesses and the government in the Banana Republic is expressed as: C = 100 + .80Y, l = 100, and G = 300. The MP8 of the Republic is Based on a preliminary estimate by BEA, the GDP grew at an annual rate of 2.5% during the year 2017. This implies in unemployment by O a. an increase, 5% O b. a decrease, 1.25% O c. an increase, .2% Q d. a decrease, .5% Potential GDP in the economy corresponds to O a. a production level consistent with the full-employment of all the economic rescurces. O b. a production level consistent with the maximum productivity of resources in the economy. 0 c. a production level with no structural unemployment. Q d. a production level with zero unemployment rate in the economy

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