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Assuming “other liabilities” are zero, what is the size of the money and quasi-money stock? This is the caculation of monetary account. Basing on the data below.

Private consumption                        500

Public consumption                          100

Private investment                           80

Public investment                             20

Exports of goods and services         100

Imports of goods and service          150

Net factor services income               -50

Net transfers                                     20

Government revenue                       80

Government current expenditure 100

Government capital expenditure    20

Foreign direct investment                10

Net other capital from abroad         5

Stock of international reserves        550

Credit to private sector                    150

Credit to Government                       100

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M92234492

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