Question: Table 3 shows data for an economy. All data are in billions of Ringgit Malaysia (RM). Table 3 Real GDP Consumptio Planned Government Net Exports

Table 3 shows data for an economy. All data are in billions of Ringgit Malaysia (RM). Table 3 Real GDP Consumptio Planned Government Net Exports (Y) n Investment Purchases (NX) (Ip) (G) 0 800 1.000 1.400 -200 2,500 2,300 1.000 1,400 -200 5,000 3,800 1.000 1.400 -200 7,500 5,300 1,000 1,400 -200 10,000 6.800 1,000 1,400 -200(d) Now suppose that net exports fall by RM1,000 billion and that this is the only change in autonomous aggregate expenditures. Plot the new aggregate expenditures curve. What is the new level of real GDP? (6 marks) (e) Find the value of the multiplier. (4 marks)

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