The data in the rst two columns below are for a closed economy. Use this table to answer questions 1-6. Real GDP Aggregate Net Aggregate = DI expenditures Ex ports Imports exports expenditures {billions} {billions} {billion 5] {billions} [billions] {billions} $1111} $121} $11] $15 5 $ 125 14c 11] 15 _ _ 1511 156 111 15 _ _ 1T5 1311 1D 15 _ _ 21m 21m 11] 15 _ _ 225 22a 11] 15 _ _ 2511 24s 11] 15 _ _ 2T5 25s 11] 15 _ _ 1. What is the equilibrium GDP for the closed economy? $ billion 2. Including the international trade gures for exports and imports, calculate net exports and determine the equilibrium GDP for an open economy. 3 billion 3. If exports were $5 billion larger at each level of GDP, equilibrium GDP Twould be 3 billion. 4. If exports remained at $1!) billion but imports dropped to $5 billion, equilibrium GDP would be 15 billion. 5. What is the size of the multiplier in this economy