The accompanying table shows the percentage of GDP accounted for by private savings, investment spending, and net

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The accompanying table shows the percentage of GDP accounted for by private savings, investment spending, and net capital inflow in the economies of Capsland and Marsalia. Capsland is currently experiencing a positive net capital inflow and Marsalia, a negative net capital inflow. What is the budget balance (as. a percentage of GDP) in both countries? Are Capsland and Marsalia running a budget deficit or surplus?

Capsland Marsalia Investment spen ding as a percent 20% 20% age of GDP.

Private savings a sa percentage of 10 25 GDP Net capital inflo was a percentag 5 -2 eof GDP

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Economics

ISBN: 9781319181949

5th Edition

Authors: Paul Krugman, Robin Wells

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