Consumption 400 Capital gains on external wealth -11 Government spending 80 Capital gains on domestic capital...

Consumption	400	Capital gains on external wealth	-11
Government spending	80	Capital gains on domestic capital stock	6
Gross national expenditure	630	Exports of financial assets	200
National saving	315	Imports of financial assets	355
		Net unilateral transfers	5

The above table represents annual data for Smyrna during 2017. The values are in millions of dollars. Answer the following questions accordingly.

What is the change in domestic wealth Smyrna experienced during 2017?
What is the current account balance of Smyrna at the end of 2017?
What is the financial account balance of Smyrna at the end of 2017?
What is the change in external wealth Smyrna experienced during 2017?
What is the capital account balance of Smyrna at the end of 2017?

Solutions

Expert Solution

If you are satisfied with a answer upvote thank you

Rahul Sunny answered 1 year ago

Next > < Previous

Related Solutions

Category Billions of dollars Consumption 400 Investment 150 Government spending 80 Exports 210 Imports 60 Foreign...

Category Billions of dollars Consumption 400 Investment 150 Government spending 80 Exports 210 Imports 60 Foreign income payments to domestic factors 20 Domestic income payments to foreign factors 10 Net unilateral transfers 5 [2 points each] Using the hypothetical U.S. national income and product accounts data from the above table, answer the following: Calculate GNE. Calculate the trade balance. Calculate GDP. Calculate net factor income from abroad. Calculate GNI. Calculate the value of current account. Calculate GNDI. Calculate national savings...

Category Billions of dollars Consumption 400 Investment 150 Government spending 80 Exports 210 Imports 60 Foreign...

Category Billions of dollars Consumption 400 Investment 150 Government spending 80 Exports 210 Imports 60 Foreign income payments to domestic factors 20 Domestic income payments to foreign factors 10 Net unilateral transfers 5 Using the hypothetical U.S. national income and product accounts data from the above table, answer the following: (Please show all calculations and formulas used) Calculate GNE. Calculate the trade balance. Calculate GDP. Calculate net factor income from abroad. Calculate GNI. Calculate the value of current account. Calculate...

Suppose that U.S. consumption spending is $13.5 trillion, gross private domestic investment is $2.3 trillion, government...

Suppose that U.S. consumption spending is $13.5 trillion, gross private domestic investment is $2.3 trillion, government spending is $3.3 trillion, and net exports are −$0.3 trillion. If interest income is $1.2 trillion, depreciation is $0.6 trillion, wages are $12.6 trillion, and rental income is $0.7 trillion, what is the net investment? The net investment is? (Enter your response rounded to one decimal place.)

1- What is the principle of money supply? 2- How does government spending effect domestic consumption?

1. Net capital inflow equals: A. consumption B. consumption plus government spending C. national savings D....

1. Net capital inflow equals: A. consumption B. consumption plus government spending C. national savings D. imports minus exports 2. If there is an increase in the government budget deficit, the ____ loanable funds will____, interest rate will____, and the amount of borrowing will_____ A. supply of; increase; decrease; increase B. demand for; increase; increase; increase; C. demand for; decrease; decrease; decrease; D. supply of; decrease; increase; decrease 3. Explain the effect on a company's stock price today of the...

1. Suppose that the MPC is equal to 0.8 and autonomous consumption spending is 400. Then...

1. Suppose that the MPC is equal to 0.8 and autonomous consumption spending is 400. Then the consumption function is given by a. C = 400 - 0.8Yd b. C = -400 + 0.2Yd c. C = 320 x Yd d. C = 400 + 0.8Yd e. C = 400 + 0.2Yd 2. Suppose that the MPC is equal to 0.8 and autonomous consumption spending is 400. At what level of income is saving = 0? a. 400 b. 500...

If the domestic government of a small open economy reduces government spending, the real exchange rate...

If the domestic government of a small open economy reduces government spending, the real exchange rate will __________ and net exports will ___________ a. Increase, decrease b. Increase, increase c. Decrease, increase d. decrease

Suppose the government enacts a stimulus program composed of $400 billion of new government spending and...

Suppose the government enacts a stimulus program composed of $400 billion of new government spending and $200 billion of tax cuts for an economy currently producing a GDP of ?$14,000 billion. If all of the new spending occurs in the current year and the government expenditure multiplier is 1.8?, the expenditure portion of the stimulus package will add _______ percentage points of extra growth to the economy. ?(Round your response to two decimal places?.) If the government taxation multiplier is...

1a) Suppose that GDP is $10,000, Consumption is $6,000, and Government spending is $1,500 with a...

1a) Suppose that GDP is $10,000, Consumption is $6,000, and Government spending is $1,500 with a deficit of $200. (Assume net exports are zero) What is the level of private saving in this economy? 1,500 2,500 7,200 2,700 b) The population of Scottsdale is 100 people. 40 people work full time, 20 work half time but prefer to work full time, 10 are seeking work, 10 would like to work but are discouraged from seeking, 10 are full time students...

Its total output (income) is $4900. Domestic consumption is $2300; total domestic government purchases are $600

Its total output (income) is $4900. Domestic consumption is $2300; total domestic government purchases are $600; and domestic economic investment totals $1700. The nation exports $400 and imports $100. 1) Find this nation's national savings. 2) Consider again the economy from the previous question. This economy runs a trade _______ and is a net ___________ other nations. a. deficit; lender to b. surplus; borrower from c. surplus; lender to d. deficit; borrower from

Subjects