QUESTION 6 Assume the information below to answer the following questions about the land of POGO. Assume a 2% interest

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

QUESTION 6 Assume the information below to answer the following questions about the land of POGO. Assume a 2% interest

Post by answerhappygod »

QUESTION 6
Assume the information below to answerthe following questions about the land of POGO. Assume a 2%interest rate on all interest-bearing Pogo assets (assets issued byPogo), and a 3% interest rate on Foreign assets (issued byForeign). All figures below are listed in ‘Pogo’dollars. B = Billion. RECORD YOUR ANSWERS WITHOUT THE DOLLARSIGN OR B, and without a lot of zeros. In other words, 140represents $140B.
a. Pogo’sinternational net worth at the start of 2020is__________ billion dollars.
b. Based on theinformation provided above, Pogo is a (creditor, debtor)nation at the start of 2020.__________ (chooseone).
c. Based on theinformation provided above, Pogo’s net factor income frominternational trade (FA) for 2020 is__________billiondollars.
d. Basedon the information provided above, Pogo’s current account (CA)for 2020 is __________billion dollars.
e. Based on theinformation provided above, Private International NetWorth of Pogo Citizens at the start of 2021is __________billiondollars.
f. Basedon the information provided above, Pogo's overall International NetWorth at the start of 2021 is __________billion dollars.
g. Thefraction of Purchases of New Plant and Equipment (I) in Pogofinanced by Foreign Saving is __________percent.
h. Pogo'sGDP for 2020 is__________billion dollars.
i. Pogo'sGNP for 2020 is __________billion dollars.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply