(Answered) Wealth of a nationconsumption 400capital gains on external

Finance

Wealth of a Nation

Consumption 400

Capital gains on external wealth -11

Government spending 80

Capital gains on domestic capital stock 6

Gross national expenditure 630

Domestic assets exported to foreigners 200

National saving 315

Foreign assets imported by domestic agents 355

Net unilateral transfers 5

Answer the following questions accordingly.

a. What is the change in domestic wealth Smyrna experienced during 2007?

b. What is the current account balance of Smyrna at the end of 2007?

c. What is the financial account balance of Smyrna at the end of 2007?

d. What is the change in external wealth Smyrna experienced during 2007?

e. What is the capital account balance of Smyrna at the end of 2007?

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