5. An economy has real GDP of $8,000 billion, autonomous consumption of $1,500 billion,
planned investment of $1,000 billion, government spending of $750 billion, and net exports of –
$200 billion. The economy’s marginal propensity to consume is 0.7 or 70%. Calculate aggregate
expenditures for this economy. Does the given level of real GDP for this economy lead to
equilibrium?( Assume T=0) Why or why not?