As an elected official, you have been informed that real gdp is below its potential and that action should be taken to encourage economic growth and bring the economy to its long-run equilibrium. the marginal propensity to consume is 0.8, and the amount of new government spending is $500 billion. what is the multiplier? compute this to the first place beyond the decimal. part 2 (0.5 point)see hint by how much would the economy be stimulated? $ billion.