See attached photo

The multiplier process depicted in the following table is based on an MP0 of 0.75. a. Recompute the rst four cycles using an MP0 of 0.85. MFG = 0.75 MFG = 0.85 _ Change in Spending Cumulative Increase Change in Spending Cumulative Increase SIEBDCIIIHQ during Cycle in Spending during Cycle in Spending yc es (Billions per year) (Billions per year) (Billions per year) (Billions per year) 1 $100.00 $100.00 2 75.00 1 75.00 3 56.25 231 .25 4 42.18 273.44 Instructions: Round your response to two decimal places. b. Given that the MP0 is higher, how much more consumption occurs in the rst four cycles when the billion MPG = 0.85 compared to when the MPG = 0.75? c. What is the value of the multiplier (ii) if the MP0 = 0.85