The U.S. economy records the transactions in the table. Calculate the current account balance, the capital and financial account balance, the official settlements account balance, and exports of goods and services. >>> Record a negative balance with a minus sign. Do not record a positive balance with a plus sign. The current account balance is billion dollars. Item Imports of goods and services Interest paid to the rest of the world Interest received from the rest of the world Increase in U.S. official reserves Government sector balance Saving Investment Net transfers (billions of dollars) 2,500 500 350 10 - 200 2,000 2,250 0
The U.S. economy records the transactions in the table. Calculate the current account balance, the capital and financial account balance, the official settlements account balance, and exports of goods and services. >>> Record a negative balance with a minus sign. Do not record a positive balance with a plus sign. The current account balance is billion dollars. Item Imports of goods and services Interest paid to the rest of the world Interest received from the rest of the world Increase in U.S. official reserves Government sector balance Saving Investment Net transfers (billions of dollars) 2,500 500 350 10 - 200 2,000 2,250 0
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Current Account Balance
Capital and Financial Account Balance

Transcribed Image Text:The U.S. economy records the transactions in the table.
Calculate the current account balance, the capital and financial
account balance, the official settlements account balance, and exports of
goods and services.
>>> Record a negative balance with a minus sign. Do not record a positive
balance with a plus sign.
The current account balance is billion dollars.
Item
Imports of goods and services
Interest paid to the rest of the world
Interest received from the rest of the
world
Increase in U.S. official reserves
Government sector balance
Saving
Investment
Net transfers
(billions
of dollars)
2,500
500
350
10
- 200
2,000
2,250
0
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