Question
You are given the data below for 2008 for the imaginary country of Amagre, whose currency is the G. Consumption 350 billion G Transfer payments
You are given the data below for 2008 for the imaginary country of Amagre, whose currency is the G.
- Consumption 350 billion G
- Transfer payments 100 billion G
- Investment 100 billion G
- Government purchases 200 billion G
- Exports 50 billion G
- Imports 150 billion G
- Bond purchases 200 billion G
- Earnings on foreign investments 75 billion G
- Foreign earnings on Amagre investment 25 billion G
- Compute net foreign investment.
- Compute net exports.
- Compute GDP.
- Compute GNP.
In addition to responding with a quantitative answer, briefly describe how you arrived at your answers.
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
