Suppose a country's net exports are $400 billion, income receipts on investments are $780 billion, and income payments on investments are $1,200 billion. Suppose unilateral transfers are $250 billion. If all international transactions are recorded accurately in the balance of payments, what is the value of the financial account? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a -$20 billion b d -$270 billion $270 billion Need information on the flows of funds for real and financial investments to answer. Your answer

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Suppose a country's net exports are $400 billion, income receipts on investments are $780 billion, and income payments on
investments are $1,200 billion. Suppose unilateral transfers are $250 billion. If all international transactions are recorded accurately in
the balance of payments, what is the value of the financial account?
Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.
a
-$20 billion
b
d
-$270 billion
$270 billion
Need information on the flows of funds for real and financial investments to answer.
Your answer
Transcribed Image Text:Suppose a country's net exports are $400 billion, income receipts on investments are $780 billion, and income payments on investments are $1,200 billion. Suppose unilateral transfers are $250 billion. If all international transactions are recorded accurately in the balance of payments, what is the value of the financial account? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a -$20 billion b d -$270 billion $270 billion Need information on the flows of funds for real and financial investments to answer. Your answer
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