Gross private domestic investment

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Reference no: EM131164504

You are given the following information about an economy:

Gross private domestic investment = 40 Government purchases of goods and services = 30 Gross national product (GNP) = 200 Current accoimt balance = -20 Taxes = 60 Government transfer payments to the domestic private sector = 25 Interest payments from the government to the domestic private sector = 15 (Assume aU interest payments by the government go to domestic households.) Factor income received from rest of world = 7 Factor payments made to rest of world = 9

Find the following, assuming that government investment is zero:

a. Consumption

b. Net exports

c. GDP

d. Net factor payments from abroad

e. Private saving/Government saving

g. National saving

Reference no: EM131164504

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