question archive You are given the data below for 2008 for the imaginary country of Amagre, whose currency is the G
You are given the data below for 2008 for the imaginary country of Amagre, whose currency is the G
Subject:EconomicsPrice:2.87 Bought7
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.
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NET FOREIGN INVESTMENT
= Earnings on foreign investment - Foreign earnings on Amagre investment
= 75 billion - 25 billion
= 50 billion G
Net exports
= Exports - Imports
= 50 billion - 150 billion
= - 100 billion G
GDP
= C+G+I +Net exports
= 350+100+200-100
= 550 billion G
GNP
= GDP + NFIA
= 550+ (Earnings from aborad - Earnings paid to aborad)
= 550 + (75-25)
= 600 Billion G
