You are given the following information about an economy:
Gross private domestic investment = 30
Government purchases of goods and services = 30
Gross national product (GNP)= 205
Current account balance = −30
Taxes = 50
Government transfer payments to the domestic private sector = 25
Interest payments from the government to the domestic private sector = 15
(Assume all interest payments by the government go to domestic households.)
Factor income received from rest of world = 6
Factor payments made to rest of world = 7
Assuming that government investment is zero, find each of the following.
Net factor payments from abroad =
GDP=
Net exports =
Consumption =
Private saving =
Government saving =
National saving =