A more complex circular-flow diagram for the economy of Macronia is shown below.

a. What is the value of GDP in Macronia?

b. What is the value of net exports?

c. What is the value of disposable income?

d. Does the total flow of money out of households€”the sum of taxes paid, consumer spending, and private savings€”equal the total flow of money into households?

e. How does the government finance its spending?

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Government Government borrowing = $60 purchases = $150 Government Taxes = $100 - Transfers = $10 Consumer spending = $510 Private savings = $200 Wages, profit, interest, rent = $800 Households Markets for Factor Financial goods and services markets markets |1 Wages, profit, interest, rent = $800 Income from sales Borrowing and stock issues = $110 %3D Investment Firms spending = $110 Export spending = $50 Foreign borrowing and stock sales = $130 Foreign lending and stock purchases = $100 Import spending = $20 Rest of world