Question
A country had the following data: income (Y) = $200,000, taxes (T) = $60,000, government purchases (G) = $45,000, consumption (C) = $120,000, exports (EX)
A country had the following data: income (Y) = $200,000, taxes (T) = $60,000, government purchases (G) = $45,000, consumption (C) = $120,000, exports (EX) = $65,000 and imports (IM) = $70,000.
a.Is the country lending or borrowing from the rest of the world and by how much?
a.How much investment is financed by national saving and how much investment is financed by the lending or borrowing from the rest of the world?
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Economic Change In Asia Implications For Corporate Strategy And Social Responsibility
Authors: M Bruna Zolin, Bernadette Andreosso O'Callaghan, Jacques Jaussaud
1st Edition
1317286650, 9781317286653
