QUESTION 6 Assume the information below to answer the following questions about the land of POGO. Assume a 2% interest
Posted: Wed Jul 06, 2022 6:33 pm
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.
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.