Use the information in the table to answer the following questions. All numbers are in billions of 2012 dollars.

Real GDP (Y)	Consumption (C)	Planned Investment (I)	Government Purchases (G)	Net Exports (NX)
$8,000	$4,500	$2,000	$2,500	$500
$9,000	$5,000	$2,000	$2,500	$500
$10,000	$5,500	$2,000	$2,500	$500
$11,000	$6,000	$2,000	$2,500	$500
$12,000	$6,500	$2,000	$2,500	$500

Part 2

The equilibrium level of GDP is $______ billion

Part 3

The MPC is______(enter your response to two decimal places).

Part 4

Suppose that net exports increase by $300 billion. Using the multiplier formula, determine the new level of GDP.

A $300 billion increase in net exports leads to a change in spending of $______ billion, so the new level of GDP will be

$______ billion