You are given the following information about an economy:
Gross private domestic investment........................... 40
Government purchases of goods and services............... 30
Gross national product (GNP) ................................. 200
Current account balance......................................... -20
Taxes............................................................... 60
Government transfer payments................................. 25
Interest payments from the government....................... 15
(all to domestic households)
Factor income from the rest of the world...................... 7
Factor payments to the rest of the world....................... 9
Find the following, assuming that government investment is zero:
a. Consumption
b. Net exports
c. GDP
d. Net factor payments
e. Private saving
f. Government saving
g. National saving