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Need someone to help solve these questions. ONLY NEED 6-11 PLEASSSE C = 115 + 0.75Yd,...

Need someone to help solve these questions. ONLY NEED 6-11 PLEASSSE

C = 115 + 0.75Yd,

where C = Consumption function; Yd (Y‐T) = Disposable income

I = 150; I = Investment

G = 200; G = Government expenditure

T = 100; T = Tax revenue

X = 40; X = Export

M = 30; M = Import

Q1. Estimate the equilibrium GDP level (income, Ye).

Q6. The tax multiplier for the economy is ____________ .

Q7. Given the value of full employment level of GDP above, the GDP gap is ______.

Q8. The government spending needed to bridge the GDP gap you found in Q7 above would be __________.

Q9. If the export value increases to 60 due to a decrease in the value of US$, other things staying the same, then the answer to Q1 would be __________.

Q10. In addition to an increase of export value in Q9, if the import value decreases to 20 for the same reason, other things remaining the same, then the answer to Q1 would be __________.

Q11. In Q8, the GDP gap and recessionary gap are respectively _ ___and___.

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