ECONOMICS QUESTIONS CAN YOU HELP ME PLS

[smurda]

im doing some questions about full employment GDP, multipliers, inflationary and deflationary gaps and fiscal polices...if you think you can help me with a few problems, not do them for me, but help me....lmk


sample question
graph goes like this
x axis is GDP in billions in sets of 500 all the way to 9,000
y axis is expenditures in billions in sets of 500 all the way to 9,000


C+I+G+X^n starts at (1,000x 2,500y)
other line is 45^ up to 9000

full employment gdp is 6,800
equilibrium gdp is 4,000


questions would be
1.(a) is there an inflationary gap or a deflationary gap
(mine=)deflationary gap
(b)how much is it?
mine=2.8trillion
(c)how much is the multiplier?
mine= NO FUCKING IDEA


book says multiplier=
distance between equilibrium GDP and full-employment GDP
--------------------------------------------------------
gap

gap is the gap between the deflationary/inflationary GDP to the full-employment GDP

but i cant figure this shit out

[smurda]

bump for at least one person to help

[ryph]

im learning useless macro economic theory itt. q: is change in consumption given?

[ryph]

multiplier = 1 / (1 - (change in consumption / 2.8tril) )

[smurda]

i got a change = .5
equilibrium GDP was 6800, Full-employment GDP was 5400...

6800-5400=1400

2.8tril=2800bil

1400
-----=1/2=.5
2800

[forty]

aint that some microeco

[smurda]

intro, all i know is i hate it

[clickclack]

http://www.amosweb.com/ my econ professor was really gay, but reading this site helped out a lot.

[TrichomeKid]

http://www.anusweb.com/ (http://www.amosweb.com/) my econ professor was really gay, but reading this site helped out a lot.

See how I did that?

[clickclack]

i guess if youre into that kind of thing

[PeePee McRapist]

Ah the intro classes. Wait until you take Growth Theory. That'll be a doozy..