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National Expenditure (E) 115 130 145 160 175 190 205 a. What is the government expenditure multiplier? (assume that all expenditure in made on domestically

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National Expenditure (E) 115 130 145 160 175 190 205 a. What is the government expenditure multiplier? (assume that all expenditure in made on domestically produced goods) (5mks) Assume that full employment is achieved at a level of national income of $200 billion b. Is there an inflationary or deflationary gap and what is the size? (5mks)

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