QUESTION 2The data presented in the table below is the Republic of Hola Hola’s economy data. Using thedata answer the questions below:

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QUESTION 2The data presented in the table below is the Republic of Hola Hola’s economy data. Using thedata answer the questions below:Real GDP Consumption PlannedInvestmentGovernmentPurchase Net ExportsPlannedAggregateExpenditure$2,400 $1,340 $780 $780 -$340$2,800 $1,660 $780 $780 -$340$3,200 $1,980 $780 $780 -$340$3,600 $2,300 $780 $780 -$340$4,000 $2,620 $780 $780 -$340a) Determine the Aggregate Expenditure and change in inventoryb) What is the macroeconomic equilibrium?c) What is the impact of budget deficit and budget surplus on Public Savings?

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