Problem You are given the following information about an open economy Gross private domestic investment:40 Government purchases of goods and services:30 Gross national product(GNP):200 Current account...

Problem

You are given the following information about an open economy
Gross private domestic investment:40
Government purchases of goods and services:30
Gross national product(GNP):200
Current account balance:-20
Taxes:60
Government transfer payment to the domestic private sector:25
Interest payments from the government to the domestic private
sector:15
Factor in come received from the rest of the world:7
Factor payments made to the rest of the world:9

Calculate the following:

a)Consumption
b)NetExports
c)GDP
d)Net factor payments from abroad
e)Private savings

(f) Government savings

(g) National savings