Question 8: The table below shows part of a country's aggregate expenditure schedule (in $ Billions) GDP ($Billions) 100 120 140 160 180 200 220 National Expenditure 115 130 145 160 175 190 205 (a) What is the government expenditure multiplier? Assume that full employment is achieved at a level of GDP of $200 billion (4 marks). Click or tap here to enter text. (b) Is there an inflationary or a deflationary gap and if so what is its size? (2 marks) Click or tap here to enter text. (c) By how much would government expenditure have to be changed for this potential gap to close (assuming no shift in other injections or withdrawals)? (4 marks) Click or tap here to enter text