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Solve clearly C = 120 + 0.8Yd T = 15 1 =90 G = 90 X = 30 IM = 8 + 0.12Y Yf =

Solve clearly

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C = 120 + 0.8Yd T = 15 1 =90 G = 90 X = 30 IM = 8 + 0.12Y Yf = 1000 Q 1. Based on the AE data above, answer the following questions 1. What is the value of Simple Multiplier 2. What is the value of Tax Multiplier 3. What is the size of the output gap 4. The change in G needed to close the gap 5. The change in tax required to close the gap 6. What is the size of Gov surplus or deficit

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