Refer to the accompanying table in answering the questions that follow: (1) Possible Levels of (2) Real Domestic (3) Aggregate Expenditures (Ca + Employment, 7Millions Output Billions Ig + xn + 6)) 511110\" By honr much would aggregate expenditures in column 3 have to change at each level of GDP to eliminate the gap? Aggregate expenditures would have to increase a by $ 20 a billion. What is the multiplier in this example? l:l a. Will there be an inflationary expenditure gap or a recessionary expenditure gap ifthe fullemployment level of output is $400 :Jilllon? Inflationary expenditure gap 0 By how much would aggregate expenditures in column 3 have to change at each level of GDP to eliminate the gap? Aggregate expenditures would have to decrease O by $ 20 a billion. What is the multiplier In this example? l:l c. Assuming that investment. net exports. and government expenditures do not change with changes in real GDP. what are the sizes of the MPC: the MP5, and the multiplier? rim-o MPs=-o Multiplier = 'l o