Potential GDP 1,000 AE, AE 800 700 TO 600 AAE Aggregate Expenditure (dollars) 400 200 AY 45 0- 0 200 400 600 700 800 1,000 Real GDP (billions of constant dollars) 11. Given the following Consumption Function as C = 350 + 0.75 (Y) ; and actual equilibrium real GDP as $700 ; and full-employment real GDP as $800. The amount of government spending necessary to close up such GDP gap is: O $27.50 O $20 O $30 O $32.50 O $25