3. 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 Show your calculations for each item. а. Compute net foreign investment. b. Compute net exports. С. Compute GDP. d. Compute GNP.
3. 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 Show your calculations for each item. а. Compute net foreign investment. b. Compute net exports. С. Compute GDP. d. Compute GNP.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:3.
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
Show your calculations for each item.
а.
Compute net foreign investment.
b.
Compute net exports.
C.
Compute GDP.
d.
Compute GNP.
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