Citizens of the country of Heehaw produce hay and provide entertainment services (banjo playing).In 1998 they produced $15 million worth of hay,with $11 million consumed domestically and the other $4 million sold to neighbouring countries.They provided $7 million worth of banjo-playing services,$5 million in Heehaw and $2 million in neighbouring countries.They purchased $6 million worth of soda pop from neighbouring countries.Calculate the magnitudes of GNP,GDP,net factor payments from abroad,net exports,and the current account balance.

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The Answer of Citizens of the country of Heehaw produce hay and provide entertainment services (banjo playing).In 1998 they produced $15 million worth of hay,with $11 million consumed domestically and the other $4 million sold to neighbouring countries.They provided $7 million worth of banjo-playing services,$5 million in Heehaw and $2 million in neighbouring countries.They purchased $6 million worth of soda pop from neighbouring countries.Calculate the magnitudes of GNP,GDP,net factor payments from abroad,net exports,and the current account balance.

Citizens of the Country of Heehaw Produce Hay and Provide