Calculate net exports and the amount of net foreign lending for a hypothetical small open economy with saving of $145 billion and domestic investment of $118 billion. net exports: $ billion net foreign lending: $ billion

Calculate net exports and the amount of net foreign lending for a hypothetical small open economy with saving of $145 billion and domestic investment of $118 billion. net exports: $ billion net foreign lending: $ billion

Principles of Macroeconomics (MindTap Course List)

7th Edition

ISBN:9781285165912

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter18: Open-Economy Macroeconomics: Basic Concepts

Section: Chapter Questions

Problem 3QCMC

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Question

Calculate net exports and the amount of net foreign lending for a hypothetical small open economy with saving of $145 billion
and domestic investment of $118 billion.
net exports: $
billion
net foreign lending: $
billion

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