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Show work. GNP= C+I+G+CA GNP= C+Sp+T (a) Vietnam's balance on net private savings is 45 trillion dong and its government budget balance is 2 trillion
Show work.
GNP= C+I+G+CA
GNP= C+Sp+T
(a) Vietnam's balance on net private savings is 45 trillion dong and its government budget balance is 2 trillion dong. What's its CA? On its FA, is capital coming into or out of country, net?
(b) Denmark's currency is the Danish Krone (DKK). Suppose its CA = -DKK 37b, its balance on net private savings is -DKK 13b, and taxes are DKK 899b. What is government spending? What's its FA, and is capital flowing into or out of the country?
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