The multiplier process depicted in the following table is based on an MP0 of 0.75. a. Recompute the rst four cycles using an MPC of 0.80. MFG = 0.75 Change in Cumulative Spending Spending during Increase in Cycles Cycle Spending (Billions per year) (Billions per year) 1 $100.00 $100.00 2 75.00 175.00 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 first four cycles when the MP0 = 0.80 compared to when the MPC = 0.75? MFG = 0.80 Change in Cumulative Spending during Increase in Cycle Spending (Billions per year) (Billions per year) billion