1. Use Table 1 for this question. How much was the U.S. financial (or capital) account balance (assuming a dichotomized structure of the balance of payments, and according to IMF, BPM6)?

 

Your answer: _______________ ($ billion) (Please round your answer to one decimal place.)

 

  1. Use Table 1 for net earnings (NE) information and Table 3 for net exports (X). How much was the total domestic saving in the United States?

 

Your answer: _______________ ($ billion) (Please round your answer to one decimal place.)

 

  1. Use Table 1 for net earnings (NE) information and Table 3 for net exports (X). Suppose that the government budget deficit was $800 billion for 2018, what was the U.S. private sector’s saving in 2018?

 

Your answer: _______________ ($ billion) (Please round your answer to one decimal place.)

 

  1. Use Table 1 for net earnings (NE) information and Table 3 for net exports (X). What percentage of GNP was the U.S. private sector’s saving?

 

Your answer: _______________% (Please round your answer to two decimal places.)


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