GDP of a country is 6000 billion. Investment is 2100 billion. Government purchase is 300 billion. The country has a trade surplus of 200 billion. How much is consumption? Was there net capital inflow or outflow?

Can someone help start me off for this?

Sure! To find the consumption, we can start by using the equation: GDP = Consumption + Investment + Government Purchases + Net Exports.

Given that GDP is 6000 billion, Investment is 2100 billion, Government Purchases is 300 billion, and there is a trade surplus of 200 billion, we can substitute these values into the equation as follows:

6000 billion = Consumption + 2100 billion + 300 billion + 200 billion.

Now, let's solve for Consumption:

Consumption = 6000 billion - 2100 billion - 300 billion - 200 billion.

Consumption = 3400 billion.

Therefore, consumption is 3400 billion.

Now, to determine if there was net capital inflow or outflow, we need more information. Net capital inflow represents the difference between the capital inflow (money invested into the country) and the capital outflow (money invested outside the country).