10 Points Save Question 10 Assume That Country Als A Close Economy In Which Nx 0 So That Gdp Y C I G The National Ac 1 (18.73 KiB) Viewed 33 times
10 Points Save Question 10 Assume That Country Als A Close Economy In Which Nx 0 So That Gdp Y C I G The National Ac 2 (12.2 KiB) Viewed 33 times
10 points Save QUESTION 10 Assume that Country Als a close economy in which NX = 0 so that GDP =Y=C+I+G. The national accounts show the following information The consumers' spending (C) In Country Als S150 billion GDP of the country is $400 billion Government (G) spends 5100 billion The government had a budget deficit of $25 billion From the information above, do the following: Calculate Net taxes (7) (25 marks) Calculate private savings in Country A (2.5 marks) c Calculate the national savings of Country A (2.5 marks) What is the value of investment (I) in Country A? (25 marks) ALTRO AM)
QUESTION 9 points Save A A If the bank agrees to make a loan at a 10% nominal interest rate, and the inflation rate is 3%. Calculate real Interest rate (2 marks) 3. If the inflation rate increases to 5%, what is the new nominal interest rate on the loan, if the bank wants to keep the same real Interest rate calculated in (A)? (2 marks) For the toolbar, press ALT=F10 PC) O ALTF10 M
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