Please answer all 7 questions given, based on the information given below. (Please provide explanation too)

Assume the information below to answer the following questions about the land of POGO.Assume a 6% interest rate on all interest-bearing Pogo assets (assets issued by Pogo), and a 5% interest rate on Foreign assets (issued by Foreign).All figures below are listed in 'Pogo' dollars.B = Billion.

• POGO CONSUMER EXPENDITURES, 2020:$140B
• POGO INVESTMENT EXPENDITURES, 2020: $5B
• POGO GOVERNMENT EXPENDITURES, 2020: $25B
• EXPORTS OF MERCHANDISE GOODS & SERVICES TO FOREIGN, 2020: $5B
• IMPORTS OF MERCHANDISE GOODS & SERVICES TO FOREIGN, 2020: $18B
• POGO LABOR INCOME FROM ABROAD, 2020: $2B
• INCOME PAID TO FOREIGN WORKING IN POGO, 2020: $18B
• FOREIGN ASSETS OWNED BY POGO, START of 2020: $120B
• POGO ASSETS OWNED BY FOREIGN AT THE START of 2020: $150B

QUESTION 1

Pogo's international net worth at the start of 2020 is______

QUESTION 2

Based on the information provided in Question1,Pogo is a:

A. Creditor Nation

B. Debtor Nation

QUESTION 3

Based on the information provided in question1,Pogo's net factor income from international trade (FA) for 2020 is:

QUESTION 4

Based on the information from question 1, Pogo's Current Account for 2020 is:

QUESTION 5

Based on the information from question 1,Pogo's international net worth at the start of 2021 is:

QUESTION 6

Based on the information from question 1,Pogo's GNP for 2020 is:

QUESTION 7

Based on the information from question 1,Pogo's GDP for 2020 is: