In a large open economy, the home country's saving and investment equations are: sd=200+ 1400r" and Id=300– 400r" The foreign country's saving and investment equations are: sd=50+ 600rw and Id=75 – 100r" Calculate the current account balance in the foreign country. Note: Type in your answer approximated to two decimal points, i.e., your answer must be of the form "999.99". I will not be able to fix correct answers that were entered incorrectly, such as "999.999" or "999,99" or "999". In case the last digit in the correct answer is zero, e.g., "999.90" or "999.00", Blackboard will automatically delete it and you should not do anything about it.

In a large open economy, the home country's saving and investment equations are: sd=200+ 1400r" and Id=300– 400r" The foreign country's saving and investment equations are: sd=50+ 600rw and Id=75 – 100r" Calculate the current account balance in the foreign country. Note: Type in your answer approximated to two decimal points, i.e., your answer must be of the form "999.99". I will not be able to fix correct answers that were entered incorrectly, such as "999.999" or "999,99" or "999". In case the last digit in the correct answer is zero, e.g., "999.90" or "999.00", Blackboard will automatically delete it and you should not do anything about it.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Exports of goods and services 1,872 Imports of goods and services 2,375 Net unilateral transfers -99 Net Investment Income 170 Capital Account -7 Net US acquisition of financial assets 958 Net US incurrence of liabilities 1,391 Net financial derivatives -14 Based on the table above, the balance on the current account is Group of answer choices 673 503 -432 -447 -503
QUESTION 12 Table 1 shows the summary of China's balance of payments and net international investment position. Please mark the only INCORRECT statement about Table 1. Source: IMF BALANCE OF PAYMENTS (Percent of GDP) Current account balance Trade balance Services balance Net international investment position Gross official reserves (billions of U.S. dollars) Table 1. China: Selected Economic Indicators¹ 2017 2018 2016 1.7 4.4 -2.1 17.7 3,098 1.5 3.9 -2.1 -2.1 16.8 15.2 3,236 3,168 0.2 27 2019 2020 0.7 1.8 2.7 3.5 -1.8 -1.0 16.0 14.5 3,223 3,357 2021 1.6 3.0 -0.7 13.8 3,448 2022 1.5 2.7 -1.0 14.0 3,696 China's low stock of gross official reserves suggests that the nation is vulnerable to a balance of payment crisis and a large a. devaluation of the CNY b. China's large NIIP should be consistent with the fact that it supplies capital and invests in the rest of the world c. The fact that China has a large and positive NIIP position means that the has relatively high savings rates d. China…
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QUESTION 10 In a large open economy, the home country's saving and investment equations are: sd=200+ 1400r" and Id=300 – 400r" The foreign country's saving and investment equations are: sd= 50+ 600rW and Id=75– 100r" Calculate the current account balance in the foreign country. Note: Type in your answer approximated to two decimal points, i.e., your answer must be of the form "999.99". I will not be able to fix correct answers that were entered incorrectly, such as "999.999" or "999,99" or "999". In case the last digit in the correct answer is zero, e.g., "999.90" or "999.00", Blackboard will automatically delete it and you should not do anything about it.
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