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use the information provided to answers the questions bellow. Government expenditure 400 Exports 250 Autonomous imports 50 Autonomous consumption 150 Investment Expenditure 300 Full-employment output
use the information provided to answers the questions bellow. Government expenditure 400 Exports 250 Autonomous imports 50 Autonomous consumption 150 Investment Expenditure 300 Full-employment output 2040 Marginal propensity to consume 0.75 Marginal propensity to import 0.15 Tax rate 00.25 1.1 Derive and calculate the consumption function for the data provided. Show all formulas and calculations used. 1.2 Calculate autonomous spending. Show all formulas and calculations used. 1.3 Calculate the multiplier. Show all formulas and calculations used. Round off your final answer to 1 decimal. 1.4 Calculate the equilibrium level of income, using the values calculated in 5.2 and 5.3 above. Show all formulas and calculations used. 1.5 Calculate the government surplus or deficit at the equilibrium level of income. Show all formulas and calculations used. 1.6 Calculate the level of investment needed to reach the full employment level of output. Show all formulas and calculations used
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