Two economists estimate the government expenditure multiplier and come up with different results. One estimates the multiplier at 0.75, while the other comes up with an estimate of 1.2

If the current value of GDP is $15.18 trillion and the government is planning to increase spending by $700 billion(all in oneyear), the percentage increase in GDP using the multiplier estimate of the first economist is ? percent. (Round your response to two decimal places.)