If PMA=25, equilibrium GDP is $6,000 trillion and potential GDP is $6,500 trillion, answer the following questions: a. What kind of gap exists? Because? (5 points) b. What type of fiscal policy would be applied? What does this fiscal policy consist of? (5 points) c. Calculate the public spending multiplier. (Shows the calculations). (3 points) d. Determine by how much spending needs to change to close the gap. (Shows the calculations). (2 points) e.g. Calculate the tax multiplier. (Shows the calculations). (3 points) f. Determine how much taxes must change to close the gap. (Shows the calculations). (2 points)