2. Economics
3. consider an economy with total gdp of 15 trillion total...

# Question: consider an economy with total gdp of 15 trillion total...

###### Question details

Consider an economy with total GDP of $15 trillion, total household consumption of$10 trillion, total government spending of $3 trillion, imports of$4 trillion and exports of $3 trillion. The net factor payments households receive is$0.2 trillion, and the total taxes paid to the government are \$2 trillion.

3.1 Calculate the total private investment in this economy.

3.2 Calculate gross national product.

3.3 Calculate the total national saving.

3.4 Calculate the current account surplus