Use the following table to answer the next question(s). All values are measured as a percent of GNP.
Savings by Households : 3 percent
Saving by Businesses : 15 percent
Private Investment: 14 percent
Net Taxes Paid: 20 percent
Government Spending On Goods & Services : 22 percent
(a) What is total savings in the nation as a percentage of GNP?
(b) What is the current account balance as a percentage of GNP? Is there a current account surplus or deficit?