In a small open economy, Desired national saving: Sd = $20 billion + ($100 billion)timesrw; Desired investment: Id = $30 billion minus ($100 billion)timesrw; Output: Y = $50 billion; Government purchases: G = $10 billion; World real interest rate: rw = 10%. a. Find the values of the following variables: (Round all answers to one decimal place. All values in billions of dollars.) National saving = $ nothing Investment = $ nothing Net exports = $ nothing Current account balance = $ nothing Consumption = $ nothing Absorption = $ nothing b. Owing to a technological innovation that increases future productivity, the country's desired investment rises by $5 billion at each level of the world real interest rate. Find the new values of the variables: (Round all answers to one decimal place. All values in billions of dollars.) National saving = $ nothing Investment = $ nothing Net exports = $ nothing Absorption = $ nothing Enter your answer in each of the answer boxes.

A. economic resources to be used or turned into cash within one year. b. reports assets, liabilities, and stockholders' equity. c. decrease assets; increase liabilities and stockholders' equity. d. increase assets; decrease liabilities and stockholders' equity. e. an exchange or event that has a direct and measurable financial effect. f. accounts for a business separate from its owners. g. the principle that assets should be recorded at their original cost to the company. h. a standardized format used to accumulate data about each item reported on financial statements. i. the basic accounting equation. j. the two equalities in accounting that aid in providing accuracy. k. the account credited when money is borrowed from a bank using a promissory note. l. cumulative earnings of a company that have not yet been distributed to the owners. m. every transaction has at least two effects. n. amounts presently owed by the business. transaction, separate entity assumption, balance sheet, liabilities, assets, current assets, notes payable, duality of effects, retained earnings, debit.