(Answered) 1 the chinese economynbsplooks like thisgdp 646 trillion

Engineering

1. The Chinese economy looks like this:

GDP: 64.6 trillion yuan

Consumption: 32.9 trillion yuan

Government Spending 8.6 trillion yuan

Exports 27.9 trillion yuan

Imports 25.9 trillion yuan

a. What is investment in china?

b. Show the savings investment identity if taxes in china are 8 trillion yuan.

c. Chinese exports have also been showing. What will happen to the output and the savings investment identity if exports fall to 26 trillion yuan and consumption, government spending, taxes, investment and imports do not change?

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