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4. Suppose that you take out a loan at the bank for 1GOUandarerequiredropayirbackwithinreresrof100 at the end of the year. Suppose that there was no ination at all when you took out the loan. By the end of the year the price level has increased by 7 %. Calculate both the nominal interest rate and the real interest rate on this simple loan arrangement. 5. Suppose that private saving is 1590billfon, investmenrfs1945 billion. and the current account balance is $489 billion. From the uses-ofsaving identity. how much is government saving? (2 points) 6. In a given year, a country's GDP = 3843, nei'factorpaymentsfromabroad =191, taxes = 893, tronsfersrecefUedfromrhegovemmenr =422, interest payments on the government's debt = 366, consumption =366'I, and government purchases = $338. Calculate the values of private saving, government saving, and national saving. (6 points) 2, trans] ersreceived] omine government interest payments on the governments dept 366, consumption =3661, and government purchases = $338. Calculate the values of private saving, government saving, and national saving. (6 points) 7. The nominal interest rate is 7%, today's price level is 150, and you expect the price level to be 156 one year from now. What is the expected inflation rate? What is the expected real interest rate? (4 points)