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Shown below is a simplified balance of payments table for the United States. Use the information in the table to answer the questions below. Amount (in billions of dollars) 1. Exports of goods and services 1,600 2. Income receipts 700 3. Imports of goods and services -2,200 4. Income payments -500 5. Unilateral current transfers 0 6. U.S.-owned assets abroad ? 7. Foreign-owned assets in the United States 1,100 8. Statistical discrepancy 0 Questions: a. What is the value for the missing entry? b. If U.S. GDP is $14,000 billion, what must U.S. GNI be? c. What is U.S. GNE (i.e., C + I +G)? d. If U.S. gross national saving is $2,400 billion, what must U.S. domestic investment (I) be?

Shown below is a simplified balance of payments table for the United States. Use the information

in the table to answer the questions below.

Amount

(in billions of dollars)

1. Exports of goods and services 1,600

2. Income receipts 700

3. Imports of goods and services -2,200

4. Income payments -500

5. Unilateral current transfers 0

6. U.S.-owned assets abroad ?

7. Foreign-owned assets in the United States 1,100

8. Statistical discrepancy 0

Questions:

a. What is the value for the missing entry?

b. If U.S. GDP is $14,000 billion, what must U.S. GNI be?

c. What is U.S. GNE (i.e., C + I +G)?

d. If U.S. gross national saving is $2,400 billion, what must U.S. domestic

investment (I) be?