Please assist me in the following

INSTRUCTIONS: Use the space below to answer each one ofthe following questions thoroughly with all mathematical steps be shown clearly and logically; failure to do so will result in points being deducted. Once done, be sure to save it on a pdffile then submit it to Canvas as an attachment. Be sure to observe the posted date and time deadlines for this assignment. Have fun with itll 510.000 58.000 $8.00] $4.01!] Aggregate Expondlturo 52.0\"] so $2.000 $4.000 $6.000 samuswmo Run 6090!) 1. {2 points] Using the Keynesian 45-degree diagram as shown above while assuming that the mpc is 0.75, full-employment level of real GDP is $8,000. Is this hypothetical economy experiencing a recessionary or inflationary GDP gap? Be sure to justify your answers correctly for full credits to be given. 2. {2 points) Using the information in #1 above. Determine the amount of government spending necessary to bring the economy's real GDP to the full-employment level. 3. {2 points) Using the information in #1 above. Determine the amount of taxes needed to bring the economy's real GDP to the full-employment level. 4. {2 points] Given the following macroeconomic data for a hypothetical economy: C= 150+ 0.8 [DI] l=75 G=30 X=4D M=50 T=150 Compute the level of equilibrium real GDP level for this economy. 5. {2 points) Using the information in #4 above and assuming that the eco no my's full-employment level of real GDP is $900, is the economy experiencing a recessionary or inflationary gap? Be sure to justify your answer correctly for full credits to be given. 6. {2 points) Using the information in #5 above. Determine the amount of government spending needed to bring the economy's real GDP to the full-employment level. 7. {2 points) Using the information in #5 above. Determine the amount of taxes necessary to bring the economy's real GDP to the full-employment level