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PLEASE ANSWER FAST I NEED TO KNOW HOW TO SOLVE THIS Assume that the following conditions...

PLEASE ANSWER FAST I NEED TO KNOW HOW TO SOLVE THIS

Assume that the following conditions exist. a. All banks are fully loaned​ up-there are no excess​ reserves, and desired excess reserves are always zero. b. The money multiplier is 5. c. The planned investment schedule is such that at a 6 percent rate of​ interest, investment is ​$1200 ​billion; at 5​ percent, investment is ​$1220 billion. d. The investment multiplier is 4. e. The initial equilibrium level of real GDP is ​$12.00 trillion. f. The equilibrium rate of interest is 6 percent.   Now the Fed engages in expansionary monetary policy. It buys ​$2 billion worth of​ bonds, which increases the money​ supply, which in turn lowers the market rate of interest by 1 percentage point. Calculate the increase in money​ supply: ​$____billion. Calculate the increase in real​ GDP: ​$____billion. Calculate the new equilibrium real​ GDP: ​$____trillion.

please explain the math for me to understand

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