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Please use the following debit and credit entries for various BOP accounts (in billions of $) to answer the next question: Account Credit Debit Capital 600 1,200 Net Investment Income 10 6 Service 140 150 Merchandise 4,000 3,000 Official Reserve 200 800 Unilateral Transfers 30 4 The Current Account Balance should be (in billions of $): Group of answer choices 1020 surplus 960 deficit 964 deficit 986 deficit 2160 surplus

Please use the following debit and credit entries for various BOP accounts (in billions of $) to answer the next question: Account Credit Debit Capital 600 1,200 Net Investment Income 10 6 Service 140 150 Merchandise 4,000 3,000 Official Reserve 200 800 Unilateral Transfers 30 4 The Current Account Balance should be (in billions of $): Group of answer choices 1020 surplus 960 deficit 964 deficit 986 deficit 2160 surplus

Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter23: The International Trade And Capital Flows
Section: Chapter Questions
Problem 6SCQ: The GDP for the United States is 18,036 billion and its current account balance is 484 billion. What...
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Please use the following debit and credit entries for various BOP accounts (in billions of $) to answer the next question:

Account Credit Debit
Capital 600 1,200
Net Investment Income 10 6
Service 140 150
Merchandise 4,000 3,000
Official Reserve 200 800
Unilateral Transfers 30 4



The Current Account Balance
should be (in billions of $):

Group of answer choices

1020 surplus

960 deficit

964 deficit

986 deficit

2160 surplus

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