ENTER THE FINAL ANSWER ONLY.$$NO WORKINGS, NO DOLLAR SIGN, JUST THE NUMBER.$$

Given$$

C $=820+0\mathrm{.}75$Yd $$ T $=500$

I $=320$ M $=200$

G $=350$ X $=190$

$$

AE $=$ C $+$ I $+$ G $+$ NX

Yd $=$Y$-$T

spending multiplier $=1/(1$ slope AE

tax multiplier $+$ spending multiplier $=1$

$$

Calculate:

$($a$)$ Autonomous expenditure.

$($b$)$ Induced expenditure equation.

$($c$)$ Equilibrium real GDP$.$

$($d$)$ Budget deficit$/$surplus when economy in equilibrium.

$($e$)$ Aggregate expenditure multiplier.

$($f$)$ Tax multiplier.

$($g$)$ If investment expenditure falls to $100,$ the change in investment.

$($h$)$ Use the multiplier to determine the change in real GDP$.$

$($i$)$ Using the initial equilibrium value from part $($c$),$ what is the new value of equilibrium real GDP$?$

$($j$)$ If taxes are now $1000,$ the change in tax. $$

$($k$)$ Use the tax multiplier to determine the change in real GDP$.$

$($j$)$ Using the initial equilibrium value from part $($c$),$ what is the new equilibrium value of real GDP$?$

$$

Next