The Country of Bienmundo Does Not Trade with Any Other

Multiple Choice

The country of Bienmundo does not trade with any other country. Its GDP is $30 billion. Its government purchases $5 billion worth of goods and services each year, collects $7 billion in taxes, and provides $3 billion in transfer payments to households. Private saving in Bienmundo amounts to $5 billion. What are consumption and investment in Bienmundo?

A) $18 billion and $5 billion, respectively
B) $21 billion and $4 billion, respectively
C) $13 billion and $7 billion, respectively
D) There is not enough information to answer the question.