U.S. International Transactions Table 20XX ($ bill.) 1. Merchandise exports 2. Merchandise imports 3. Service exports 4. Service imports 5. Income receipts on U.S. assets abroad 20 -30 10 -5 10 6. Income payments on foreign assets in the U.S. -5 7. Government grant, private remittances 8. Change in U.S. private assets abroad, net -5 -10 9. Change in foreign private assets in the U.S., net 20 10. Statistical discrepancy 11. Change in U.S. Official Reserves, net 12. Change in Foreign Official Reserves, net ? -5 10 Use the above table to the question. The official reserve transactions balance is 10. -10. 5. -5.

U.S. International Transactions Table 20XX ($ bill.) 1. Merchandise exports 2. Merchandise imports 3. Service exports 4. Service imports 5. Income receipts on U.S. assets abroad 20 -30 10 -5 10 6. Income payments on foreign assets in the U.S. -5 7. Government grant, private remittances 8. Change in U.S. private assets abroad, net -5 -10 9. Change in foreign private assets in the U.S., net 20 10. Statistical discrepancy 11. Change in U.S. Official Reserves, net 12. Change in Foreign Official Reserves, net ? -5 10 Use the above table to the question. The official reserve transactions balance is 10. -10. 5. -5.

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter14: A Macroeconomic Theory Of The Open Economy

Section: Chapter Questions

Problem 5PA

See similar textbooks

Similar questions

5 major imported product in USA and 5 major exported products in USA Name of major trading partners of (5 major imported product in USA and 5 major exported products in USA) from where they imported
-> Difference between value is exports and imports of goods and services is called trade balance True/False
U.S. International Transactions Table 20XX ($ bill.) 1. Merchandise exports 20 2. Merchandise imports -30 3. Service exports 10 4. Service imports -5 5. Income receipts on U.S. assets abroad 10 6. Income payments on foreign assets in the U.S. -5 7. Government grant, private remittances -5 8. Change in U.S. private assets abroad, net -10 9. Change in foreign private assets in the U.S., net 20 10. Statistical discrepancy ? 11. Change in U.S. Official Reserves, net -5 12. Change in Foreign Official Reserves, net 10 Use the above table to the question.The official reserve transactions balance is 10. -10. 5. -5. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
2. Exports, imports, and Net exports
19 Earnings such as wages, interests and dividends by residents who are living in other countries are called _____________. a. Domestic product b. Factor income from abroad c. Price level d. Domestic Output
Goods imports 635 Goods exports 419 Services imports 144 Services exports 215 Net unilateral transfers -35 Investment income received 278 Investment income paid 225 Capital account -3 Net US acquisition of financial assets 84 Net US incurrence of of liabilities 158 Net change in financial derivatives -21 Statistical discrepancy Based on Table 9.2, this country has a statistical discrepancy of Group of answer choices -35 -32 0 32 35
Question 410 pts Current Account Value Exports of goods 107,941 Exports of services 44,133 Primary income receipts 36,063 Imports of goods 132,484 Import of services 29,443 Primary income payments 29,750 Net unilateral transfers -8,349 Capital account -63 Net acquisition of financial assets 20,972 Net incurrence of liabilities 54,471 Financial derivatives 0 Statistical discrepancy Based on the table above, the country is running a ____ ____ Group of answer choices current account; surplus financial account; surplus positive; trade balance financial account; deficit
wouldn't the answer be $184 since you also have to subtract net transfers abroad - debit loss of $10. (GDP+net income earned by foreign investment - investment income paid to foreigners + net transfers) $200+$22-$28-$10 = $184
7- : What is the total expenditure made by consumers on the purchase of goods and services called? a) Net foreign trade B) Savings spending NS) Consumption expenditure D) investment expenditure TO) public spending
7.A Investment spending A. responds more dramatically to changes in interest rates than to changes in business confidence, expectations, or technology. B. typically increases when the interest rate falls. C. does not respond to short-term interest rates. D. responds negatively to technical change and product innovation. 7.B Net exports in the United States A. will fall if prices in the United States rise relative to other nations' prices. B. will fall if China reduces trade barriers against the United States. C. will increase if prices in the United States rise relative to other nations' prices. D. will increase if the price level in China declines. 7.C In an Aggregate Demand (AD)/Aggregate Supply (AS) diagram, __________________________ could explain a rise in cyclical unemployment? A. a shift in AS to the left B. a shift in AS to the right C. a shift to the left in either AS or AD…
Prepare a chart that compares India, Spain, and South Africa based on the data you find. Describe the key differences between the countries. Rank these as high-, medium-, and low-income countries, explain what is surprising or expected about this data.
National Income Accounts (dollar figures are in billions) Expenditures for consumer goods and services $8,200 Exports $1,700 Government purchases of goods and services $2,500 Social Security taxes $1,900 Net investment $1,400 Indirect business taxes $1,400 Imports $1,900 Gross investment $1,800 Corporate income taxes $600 Personal income taxes $1,500 Corporate retained earnings $130 Net foreign factor income $100 Government transfer payments to households $1600 Net interest payments to households $500 On the basis of Table 5.3, the value of the income aggregate that is defined as "the part of disposable income not spent on current consumption" (also known as savings) is Multiple Choice -$500 billion. $500 billion. $370 billion. $8,570 billion.