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National Income and Product Accounts Balance of Payments Accounts Consumption 1200 Domestic income payments to foreign 400 factors Investment 700 Net unilateral transfers -10 Government

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National Income and Product Accounts Balance of Payments Accounts Consumption 1200 Domestic income payments to foreign 400 factors Investment 700 Net unilateral transfers -10 Government spending 200 Trade balance -100 Gross national income 1700 The above table represents data for an economy during 2019. The values are in millions of dollars. Answer the following questions accordingly. 5 points each. 1. What is the value of gross national expenditure? 2. What is the value of gross domestic product? 3. What is the value of gross national disposable income? 4. What is the value of national saving? 5. What is the value of current account? 6. What does the value of the current account say about this country? 7. During the next year, the country experienced an increase in investment spending, and the government budget became a bigger deficit. All else equal, how would each of these changes affect the current account balance? Explain why

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