Zendovia is a small country in Eastern Europe. Investment is 200, saving is 100, the current account is -50, taxes are 75 and imports are 150. What is the government deficit 50 -50 75 -25 None of the above QUESTION 7 Given the information in 6, what are exports? 50 100 150 -50 None of the above QUESTION 8 Given the information in 6, expenditure exceeds income by 50 100 150 -50 We do not have enough information.
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- 1. Assume that the gross domestic product is $6,000, personal disposal income is $5,100, thegovernment deficit is $200, consumption is $3,800, and the trade deficit is $100. What is the sizeof:a. Private Savingb. Investmentc. Government Spendingd. National Savingse. Taxesf. Public savingsAssume that the gross domestic product is $6,000, personal disposal income is $5,100, thegovernment deficit is $200, consumption is $3,800, and the trade deficit is $100. What is the sizeof: d. National Savingse. Taxesf. Public savingsConsider 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 Taxes 20 d. What is the value of gross investment? e. 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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