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
  1. Compute net foreign investment.
  2. Compute net exports.
  3. Compute GDP.
  4. Compute GNP.

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

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