Answers
A. Change in domestic wealth = sum of additions to the capital stock plus capital gains earned on domestic assets
$300 + $10 = $310
B. Change in in external wealth = - Financial account + capital gains
-($150-$120)+$1 = -$ 29
C Total change in wealth = change in domestic wealth - change in external wealth= $310- $29= $281
D. Domestic savings = $281 - ($10+$1)= $270
E. Current account = Domestic Investment - Domestic savings
$300- $270= $30
F.
Defocit
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