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Suppose that the government of Malud increases both its own spending and autonomous taxes by 5800 and the economy's multiplier equals 14. If consumers spend

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Suppose that the government of Malud increases both its own spending and autonomous taxes by 5800 and the economy's multiplier equals 14. If consumers spend 75% of their disposable after tax income, by how much will GDP change? Round your answer to one decimal place GDP will Click to select by s The aggregate demand and supply for Cancum are shown in the table below. Potential GDP (LAS) is $900 billion. Price Index 105 110 115 120 125 130 139 140 Aggregate Quantity Demanded 1.800 900 800 700 600 500 400 300 Aggregate Quantity Supplied 200 400 550 700 800 900 1.000 1,050 a. If the economy is in equilibrium, It experiencing an) (Click to select) gap of $ b. Suppose government uses countercyclical fiscal policy to close the gap. In order to achieve full employment AD would have Click to select) by $ c. As a result of this change the inflation rate would be %. Round your answer to 2 decimal places

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