Suppose South Africa is considering additional fiscal stimulus (increase in government spending) in 2022 to boost economic growth in response to the continued effects of the pandemic. Suppose you also have the following information:

• South Africa is a developing economy, with a per capita GDP equal to$11,466 dollars in 2020
• South Africa's Quarterly GDP growth rates in 2021 fell, with a 1.5% fall in quarterly real GDP growth in 2021:Q3
• South Africa maintains a flexible exchange rate against the U.S. dollar and other trading partners
• South Africa's 10-yr government bond rate is 9.3%
• South Africa's annualized inflation rate is expected to be +6% in the coming year.
• South Africa's debt is expected to rise from 80.3% of GDP to 85% of GDP by the end of 2022
• South Africa's imports from the rest of the world are 30% of its GDP
• South Africa's government budget balance (T-G) has averaged averaged -5% since 2009, it widened to -10% of its GDP in 2020 and fell to 7.4% of GDP in 2021.

Given this information above: Would you expect the fiscal multiplier of South Africa's fiscal action to be large or small?Explain your answer, being sure to reference the information above. What additional information would you like to have to better answer this question?