Question: PLEASE ANSWER ALL THE QUESTIONS AND SHOW EXPLANATION ADN WORKINGS THANK YOUUUUU The following chart which is based on data from the Australian Bureau of

 PLEASE ANSWER ALL THE QUESTIONS AND SHOW EXPLANATION ADN WORKINGS THANK

PLEASE ANSWER ALL THE QUESTIONS AND SHOW EXPLANATION ADN WORKINGS THANK YOUUUUU The following chart which is based on data from the Australian Bureau of Statistics, describes the net financial claims in existence between five sectors of the Australian financial system, at the end of September 2017. As an example, the S610bn figure on the arrow top left indicates that Australian Households had 610 billion dollars more of financial claims on Australian Non-financial Corporations than those Corporations had on Australian Households. $257.0b al. What is the difference between a financial asset and a financiell ability in what sense are they the same thing? Households (2 marks) 728.50 b). Interpret the $981.2bn statistic you can see on the chart (1 mark) Financial Corporations Government Corporations c) Cakulate the net financial assets of Australian households of Non-nancial Corporations of Financial Corporations (which includes banku); of die Rest of the World; and of the General Government sector. What is the total value of the nel inancial assets u the five sectors unlined? Exulain your answer. 13 marks $97.8b S962 1b Rest of World d). Wat is the value of the net financial assets of Australia as a whake? Explain your answer. 12 marks) $375, 10 e] Is it possible to estimate the nel firmancial assets of the entire work? Exaltain your answer. 1 rank) . What additional information is needee to calculate the net weth et Australia as a whole? Can It be calculator at all? Elcin your answer. (1 mark)

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