Incorporate government into the table by assuming that it plans to tax and spend $26 billion at each possible level of GDP. Also assume that the tax is a personal tax and that government spending does not induce a shift in the private aggregate expenditures schedule.

What is the change in equilibrium GDP caused by the addition of government? $ billion.

Refer to columns 1 and 6 in the table below. (1) (2) (3) (4) (5) (6) Real Domestic Aggregate Aggregate Output (GDP=DI), Expenditures, Exports, Net Exports, Expenditures, Billions Private Closed Billions Imports, Billions Billions Private Open Economy, Billions Economy, Billions 250 290 30 20 10 300 300 330 30 20 10 340 350 370 30 20 10 380 400 410 30 20 10 420 450 450 30 20 10 460 500 490 30 20 10 500 550 530 30 20 10 540 600 570 30 20 10 580