Solved: The following are equations for the open economy of naboo, Business Economics

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The following are equations for the open economy of naboo

The following are equations for the open economy of Naboo in billions of republican credits

Consumption: C = 120 + 0.75(Y - T)

Tax revenue: T = 40 + 0.2Y

Investments: I = 230

Government spending: G = 560

Exports: EX = 350

Imports: IM = 30 + 0.1Y

NFIA = 0 and NUT = 0

Find the gross national disposable income (GNDI or Y) of Naboo
Using your answer in a above, find tax revenue and consumption of the Naboo
To what extent do you agree with the following statement: "The Naboo are running a current account deficit". Be sure to provide proof of answer

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Business Economics: The following are equations for the open economy of naboo

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