In 2018, national saving in Korea equaled 34.9 percent of GDP, and domestic investment equaled 30.2 percent

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In 2018, national saving in Korea equaled 34.9 percent of GDP, and domestic investment equaled 30.2 percent of GDP.

a. Calculate net foreign investment in Korea as a percentage of GDP.

b. Can we say with certainty whether in 2018 the Korean government was running a surplus or a deficit? Briefly explain.

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Economics

ISBN: 9780135957554

8th Edition

Authors: Glenn Hubbard, Anthony Patrick O Brien

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Question Posted: Oct 17, 2023 09:22 AM

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In 2018, national saving in Korea equaled 34.9 percent of GDP, and domestic investment equaled 30.2 percent

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a Net Foreign Investment in Korea as a Percentage of GDP Net Foreign Investment NFI can be calculate...View the full answer

Economics

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