If the U.S. current account deficit is $400 billion, and if the statistical discrepancy is zero, what
Question:
If the U.S. current account deficit is $400 billion, and if the statistical discrepancy is zero, what is the financial account balance? Does this financial account balance represent a net capital outflow or a net capital inflow?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (16 reviews)
The financial accoun...View the full answer
Answered By
Tamil Elakkiya Rajendran
I'm currently involved in the research in the field of Biothermodynamics, Metabolic pathway analysis and computational Biology. I always prefer to share my knowledge whatever I have learnt through my degree whenever time permits.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Money, Banking, and the Financial System
ISBN: 978-0134524061
3rd edition
Authors: R. Glenn Hubbard, Anthony Patrick O'Brien
Question Posted:
Students also viewed these Business questions
-
The 2006 Economic Report of the President directly addressed whether the United States can continue to run large current account deficits and, of course, financial account surpluses. In the report,...
-
In 2001, President George W. Bush and Federal Reserve Chairman Alan Greenspan were both concerned about a sluggish U.S. economy. They also were concerned about the large U.S. current account deficit....
-
Former congressman and presidential candidate Richard Gephardt once proposed that tariffs be imposed on imports from countries with which the United States has a trade deficit. If this proposal were...
-
Mazlin Limited purchased a machine on account on April 2, 2015, at an invoice price of $360,000. On April 4, it paid $2,000 for delivery of the machine. A one-year, $4,000 insurance policy on the...
-
Study the Employee Earnings Record for Jason C. Jenkins in Exhibit 11-10, page 639 . In addition to the amounts shown in the exhibit, the employer also paid all employee benefits plus (a) an amount...
-
6. Write a C# program to implement the following multiple inheritance using interface. Interface: Gross TA,DA,Gross_sal() Class: Employee name, basic_sal() Class: salary Disp_sal(),HRA
-
The thin-walled tubular shaft shown in Figure 9.8 is made of a randomly oriented, short-fiber-reinforced metal matrix composite. The shaft has a longitudinal through-thickness crack of length \(2 a\)...
-
A music company has these costs: Advertising ........... Paper inserts for CD cases Blank CDs ............CD plastic cases Depreciation of CD image burner ......Salaries of sales representatives...
-
Provided below is a trial balance for Juanita's Delivery Service. Juanita's Delivery Service Trial Balance September 30, 20 ACCOUNT TITLE DEBIT BALANCE CREDIT BALANCE Cash 5,000 Accounts Receivable...
-
Table 4-3 contains sample data for parts and for vendors who supply those parts. In discussing these data with users, we find that part numbers (but not descriptions) uniquely identify parts and that...
-
On the foreign exchange market, who demands dollarsU.S. investors or foreign investors? Why does an increase in U.S. interest rates relative to Japanese interest rates increase the demand for...
-
What is the eurozone? How do the countries of the eurozone benefit from using a single currency? What are the disadvantages to using a single currency?
-
Consider a 75.0-g sample of H2O(g) at 125oC. What phase or phases are present when 215 kJ of energy is removed from this sample? (See Exercise 91.)
-
Find all mixed strategy Nash Equilibria of the game in table 4 by first eliminating any strictly dominated actions and then constructing the players' best response functions. Player 2 LMR T 2,2 0,3...
-
Belize's hot pepper industry position in the global hot pepper industry. What do you conclude about the selected industry's competitiveness?
-
Complete the following reaction schemes by adding the appropriate reactant(s), reagent(s), conditions, and/or major product(s). Make sure to indicate the proper regiochemistry and stereochemistry...
-
Can you explain why a repeated measures design is effective at controlling for random error?
-
How do cells intricately orchestrate the flux of metabolic intermediates through complex regulatory networks to maintain homeostasis amidst fluctuating environmental cues ?
-
In a chi-square test for ________ of proportions, we test whether different populations have the same proportion of individuals with some characteristic
-
A superior criticized a sales manager for selling high-revenue, low-profit items instead of lower-revenue but higher-profit items. The sales manager responded, My income is based on commissions that...
-
Discuss whether there are individual differences in negotiator effectiveness. Discuss.
-
Discuss whether there are individual differences in negotiator effectiveness. Discuss in detail.
-
Identify the three basic third-party roles in negotiation.
-
A 10-kg green ball and a 2-kg purple ball collide. Before the collision, the green ball's velocity is +2.0 m/s, and the purple ball's is -4.0 m/s. After the collision, the purple ball's velocity is...
-
what ways does organizational culture, encompassing values, norms, and leadership styles, influence team cohesion, morale, and productivity, and how can organizations cultivate a culture that...
-
A large helium filled balloon is used as the center piece for an advertising display. The balloon alone has a mass of 225 kg and it is filled with helium gas until its volume is 326 m.
Study smarter with the SolutionInn App