Question

In: Economics

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.

  1. What is the change in domestic wealth Smyrna experienced during 2017?
  2. What is the current account balance of Smyrna at the end of 2017?
  3. What is the financial account balance of Smyrna at the end of 2017?
  4. What is the change in external wealth Smyrna experienced during 2017?
  5. What is the capital account balance of Smyrna at the end of 2017?

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Rahul Sunny answered 3 years ago
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