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dj You are given the following national account statistics for country L. Item Billions dollars Consumption expenditure 925 Exports of goods and services 478 Government

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dj You are given the following national account statistics for country L. Item Billions dollars Consumption expenditure 925 Exports of goods and services 478 Government expenditure 435 Net taxes 418 Investment 382 Saving 363 i) Calculate the private sector balance. (1 mark) ii) Calculate the government sector balance. (1 mark) iii) Calculate net exports and show the relationship between the government sector balance and net exports. ( 3 marks)

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