29. Utaria's savings Surplus last year was $100 billion. Tax revenue was $30 billion, while government expenditure totaled $90 billion. (j) Was National Income bigger that National Spending? If so, by how much? (ii) Was the Current Account balance a deficit or surplus? Of how much? (iii) Suppose Utaria experienced an increase in Official reserves of $25 billion (i.e OR = -$25b). ?47iat was its financial account balance? 29. Utaria's savings Surplus last year was $100 billion. Tax revenue was $30 billion, while government expenditure totaled $90 billion. (j) Was National Income bigger that National Spending? If so, by how much? (ii) Was the Current Account balance a deficit or surplus? Of how much? (iii) Suppose Utaria experienced an increase in Official reserves of $25 billion (i.e OR = -$25b). ?47iat was its financial account balance