A country has imports of goods and services at $2,000 billion. The interest paid to the rest of the world is $500 billion. The interest received from the rest of the world is $400 billion. The decrease in official reserves is $10 billion
The government sector balance is $200 billion, savings is $1,800 billion, investment is $2,000 billion, and net transfers is zero. What are net exports?
A) $0 B) -$100 billion C) -$200 billion D) $100 billion E) $200 billion
A
You might also like to view...
A variety of indicators such as goods and labor market integration, differing unemployment rates, and the lack of fiscal federalism have prompted most economists to:
A) herald the success of the Eurozone. B) conclude that the Eurozone has performed better than the United States in nearly every category. C) conclude that the Eurozone has not been (and is not now) an optimal currency area going back to the 1990s. D) recommend changes to the new currency to make it more responsive to demand shocks.
For a Nash equilibrium to be possible, all players must ________
A) be able to predict their outcomes associated with all possible actions of the other players B) have a way to communicate with the other players C) have a strategy which allows for collusion D) Both A and B