You are given the data below for 2008 for the imaginary country of Amagre, whose currency is the G Consumption 350 billion G Transfer payments 100 billion G Investment 100 billion G Government purchases 200 billion G Exports 50 billion G Imports 150 billion G Bond purchases 200 billion G Earnings on foreign investments 75 billion G Foreign earnings on Amagre investment 25 billion G Compute net foreign investment Compute net exports Compute GDP Compute GNP In addition to responding with a quantitative answer, briefly describe how you arrived at your answers QUESTION TWO The Nottinghamshire Research Observatory in England calculated that students who attend Nottingham Technical University spend about 2,760 each in the local economy for a total of 50 45 million In total, the impact of their spending on the local economy is 63 million Calculate the size of the student spending multiplier

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Question: You are given the data below for 2008 for the imaginary country of Amagre, whose currency is the G. Consumption 350 billion G Transfer payments

You are given the data below for 2008 for the imaginary country of Amagre, whose currency is the G.

Consumption 350 billion G
Transfer payments 100 billion G
Investment 100 billion G
Government purchases 200 billion G
Exports 50 billion G
Imports 150 billion G
Bond purchases 200 billion G
Earnings on foreign investments 75 billion G
Foreign earnings on Amagre investment 25 billion G

Compute net foreign investment.
Compute net exports.
Compute GDP.
Compute GNP.

In addition to responding with a quantitative answer, briefly describe how you arrived at your answers.

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QUESTION TWO

The Nottinghamshire Research Observatory in England calculated that students who attend Nottingham Technical University spend about 2,760 each in the local economy for a total of 50.45 million. In total, the impact of their spending on the local economy is 63 million. Calculate the size of the student spending multiplier

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