Question
Consumption 400 Valuation effects on external wealth -11 Government spending 80 Capital gains on domestic capital stock 6 Investment spending 150 Exports of financial assets
Consumption
400
Valuation effects on external wealth
-11
Government spending
80
Capital gains on domestic capital stock
6
Investment spending
150
Exports of financial assets
200
National saving
315
Imports of financial assets
355
Net unilateral transfers
5
The above table represents annual data for Soma during 2017. The values are in millions of dollars. Answer the following questions accordingly. 5 points each.
- What is the change in domestic wealth Soma experienced during 2017?
- What is the current account balance of Soma at the end of 2017?
- What is the financial account balance of Soma at the end of 2017?
- What is the change in external wealth Soma experienced during 2017?
- What is the capital account balance of Soma at the end of 2017?
- If Soma has most of its foreign assets and liabilities in foreign currency and their currency experiences an appreciation, how would their external wealth be affected by this change?
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Organisational Behaviour In The Workplace
Authors: Jacqueline Mclean, Laurie Mullins
12th Edition
1292245484, 978-1292245485
