Table 1

Real GDP	Consumption	Planned Investment	Government Purchases	Net Exports
$2,000	$1,600	$250	$250	$100
2,500	2,000	250	250	100
3,000	2,400	250	250	100
3,500	2,800	250	250	100

Table 2

Real GDP	Aggregate Expenditure	Unplanned Change in Inventories	Real GDP Will... (increase, decrease, or be in equilibrium)
$2,200
2,500
3,000
3,500

Examine the Table 1 information provided andperformthe following activitiesforTable 2:

a)For each level of Real GDP, calculate aggregate expenditure, unplanned change in inventories, andindicatewhat will happen to GDP (increase, decrease or be in equilibrium).Present your answer in the Table 2 format above.Explain how you derived theAggregate ExpenditureandUnplanned Change in Inventoriesvalues.

b)Explain how the values in theUnplannedChange inInventories column dictate what will happen to the Real GDP.

C)Suppose the Canadian economy is currently at point K as shown in the diagram above.(Picture of diagram attached as photo).Give examples of two realistic events that could cause it to move to point N.