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National income & national savings The table below reports national accounts data for a hypothetical country, which trades freely in international goods and capital markets.

National income & national savings

The table below reports national accounts data for a hypothetical country, which trades freely in international goods and capital markets. Assume that all the debt issued by the government is held by the country's public (not foreigners). Use the data provided to compute:

Version:0.9 StartHTML:0000000105 EndHTML:0000001161 StartFragment:0000000141 EndFragment:0000001121 - GDP

- GNP

- Private savings

- Public savings

- National savings

- Net capital inflows

- Net exports

- Investment

image text in transcribed
GDP $ 500 bn Net factor payments received - $ 10 bn Government spending on goods and services $ 75 bn Interest payments on government debt $ 10 bn Government transfers $ 100 bn Taxes $ 150 bn Private consumption $ 300 bn Current account surplus $ 80 bn

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