Use Table 1 for net earnings (NE) information and Table 3 for net exports (X). How much was the total domestic saving in the United States?
Your answer: _______________ ($ billion) (Please round your answer to one decimal place.)
Total domestic savings (2010 year) = GDP (Gross domestic product) - private consumption expenditure
= 15600.8 - 10643.0 = 4957.8
Total domestic savings (2018year)= GDP - private consumption expenditure
= 18609 - 12944.6 = 5664.4
Use Table 1 for net earnings (NE) information and Table 3 for net exports (X). How...
Use Table 1 for net earnings (NE) information and Table 3 for net exports (X). Suppose that the government budget deficit was $800 billion for 2018, what was the U.S. private sector’s saving in 2018? Your answer: _______________ ($ billion) (Please round your answer to one decimal place.) Table 3: U.S. GDP 2018 (billions of U.S. dollars) Line 2010 2018 Gross domestic product Personal consumption expenditures 15,600.8 10,643.0 3,485.7 18,609.0 12,944.6 4,583.3 3. 4 Goods Durable goods Nondurable goods 1,027.3...
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The table below reports a simple example of the U.S. balance of payments. To keep things simple, assume that the balance of payments includes only the value of goods and services, and the value of real and financial assets. Note that the table is not complete. You wiill need to calculate the balances in each account. They are not zero. Current Account (billions of dollars) Capital account (billions of dollars) Goods and Services Real and Financial Assets U.S. assets owned...
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If there are two countries you are considering for foreign direct investment that are similar in most respects and only the balance of payments differintiates them, what are the top 3 items you would look for specifically and why these are important for the current and future success of your FDI. Not general accounts or categories Keep in mind the CEO has a marketing background, so you want to fully explain all international finance concepts. Balance of Payments A. Current...
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&Study Question 1 Use the following information to answer the questions below. Assume that the capital account is equal to zero. Exports of goods and services Primary income received Secondary income received Imports of goods and services Primary income paid abroad Secondary income paid Net acquisition of financial asset:s Net incurrence of liabilities Net change in financial derivatives 4160 52 310 3500 14 What is the trade balance? 250. (Enter your response as a whole number.) What is the current...