Practice Refer to the information provided in Figure 24.I below to answer the question(s) that follow. AE 3,000 2,000 ($ billions) Aggregate expenditures 1.500 1.000 45 1,000 2,000 4,000 Aggregate output ($ billions) Figure 24,1, What is the equilibrium level? MPC? MPS? Government spending multiplier? Tax Multiplier? Balanced Budget Multiplier? What is the equilibrium level if Tax decreased by 50? What is the equilibrium level if Government spending decreased by 50? What is the multiplier level if both the Government spending and Tax increased by 100