Please show full working out to gain all 4 marks for this question. The two possible fiscal policy responses were increasing government spending and reducing autonomous taxes. I believe 4 methods are needed to gain all 4 marks, Thank you.

The economy of Utopia is described by the following equations. C = 10 + 0.8 (Y - T) IP = 20 G = 40 X = 30 T = 10 + 0.2Y M = 0.1Y Y* = 207(v) After the government of Utopia implements its chosen fiscal policy, the level of public debt-to-GDP ratio increases. Discuss the possible ways in which Utopia's debt-to-GDP ratio might be reduced over time. (4 marks)