1. This year country J has a private savings of $150 Billion and an investment of $180 Billion. If the governments budget deficit is $20 billion, what would the trade deficit be( in the billions of dollars)?
2. Suppose the aggregate income of a country is $100 billion, aggregate private consumption is $60 billion and total tax payment is $20 billion. How much does the private sector save in the economy( in the billions of dollars)?
3. Country I is running a trade deficit of $50 Billion. What is the country's capital account balance ( in the billions of dollars)?