Hi, I need explaination and calculations for this thank you.

PART B 1. Suppose a country has the following balance of payments data. Exports of goods 275 Imports of goods Service Imports 40 Income receipts from abroad 40 Income payments to foreigners 70 Increase in home country assets abroad 351 Increase in foreign assets in home country 420 (a) Calculate the current account balance. (b] Calculate the capital and financial account balance. (c) Calculate the trade balance. (d) Calculate net factor payments. 2. In a small open economy. 54- $5 billion + ($100 billions Id = $10 billion - ($50 billion Y = $so billion, G - $3 billion, - .06- (al Calculate the current account balance. Calculate net exports. (c) Calculate desired consumption. (d) Calculate absorption. 3. Suppose an economy has output of 2100, government spending of 40, consumption of 1600, and absorption of 1940. Calculate the equilibrium values of investment and net exports. 4. Suppose output is $35 billion, government purchases are $10 billion, consumption is $15 billion, and net exports are $4 billion. Assume net factor payments equal 0- (a) Calculate the equilibrium amount of investment. Show your work. (b] Calculate the equilibrium amount of absorption. Show your work. (ci Calculate the equilibrium amount of the capital and financial account balance. Show your work. 5. Consider a small open economy with desired national saving of $9= 20 + 200rW and desired investment of = 30 - 200/W. Calculate national saving, Investment, and the current account balance in equil brium when the real world interest rate is (a) - 0 025. (b) w = 0.05. (c) rw = Q.o. (d) Now suppose something causes desired national saving to increase by 10, so that it is now 5 30 + 200" . Repeat parts (al, (b), and (c]. (e) Suppose, with desired national saving at its original level of 59 = 20 + 200rw, something causes desired investment to rise by 10, to / = 40 - 200/W. Repeat parts (a), [b), and (c)