Exports (x) 10 rnment Purchases of goods and services (G) 120 Imports (m) 15 Gross Domestic Product (Y) 1800 Тахes 20 at is the value of private and households saving? at is the value of government saving? at is the value of total (national) saving? at is the value of gross investment? at is the value of net export? ne country lending to or borrowing from rest of the world?

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter18: Savings,investment And The Financial System
Section: Chapter Questions
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Consider the following data (in billion $) for a country in a particular year: (assume this country has Zero Transfer Payment
Personal consumption expenditure (C)
200
Exports (x)
10
Government Purchases of goods and
services (G)
120
Imports (m)
15
Gross Domestic Product (Y)
1800
Таxes
20
a.
What is the value of private and households saving?
b.
What is the value of government saving?
C.
What is the value of total (national) saving?
d.
What is the value of gross investment?
е.
What is the value of net export?
f.
Is the country lending to or borrowing from rest of the world?
g.
Dose the government has deficit, balance or surplus budget?
h.
What is the amount of investment financed by national saving?
i.
What is the amount of investment financed by borrowing from rest of the world?
J.
What is the meaning of transfer payment
Transcribed Image Text:Consider the following data (in billion $) for a country in a particular year: (assume this country has Zero Transfer Payment Personal consumption expenditure (C) 200 Exports (x) 10 Government Purchases of goods and services (G) 120 Imports (m) 15 Gross Domestic Product (Y) 1800 Таxes 20 a. What is the value of private and households saving? b. What is the value of government saving? C. What is the value of total (national) saving? d. What is the value of gross investment? е. What is the value of net export? f. Is the country lending to or borrowing from rest of the world? g. Dose the government has deficit, balance or surplus budget? h. What is the amount of investment financed by national saving? i. What is the amount of investment financed by borrowing from rest of the world? J. What is the meaning of transfer payment
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