Suppose a country has total GDP (Y) = $10 trillion, consumption = $7 trillion, government spending = $3 trillion, investment = $2 trillion, and taxes = $1.7 trillion.
Instructions: Round your answers to one decimal place and include a negative sign if necessary.
a. What is the level of net exports or balance of trade? $_______ trillion.
b. What is the level of public savings? $______ trillion.
c. What is the level of private savings? $ _1.3_trillion.
d. What is the level of net capital outflow? $_________ trillion.