Question: Hello, please help me answer remaining questions. Please show work so I can understand what numbers you used. Thanks again 1. (U.S. Balance of Payments,15pts)

Hello, please help me answer remaining questions. Please show work so I can understand what numbers you used.
Thanks again
 Hello, please help me answer remaining questions. Please show work so
I can understand what numbers you used. Thanks again 1. (U.S. Balance

1. (U.S. Balance of Payments,15pts) Listed bclow is U.S.'s BOP from year 2005-2009 Account(millions of US dollars) 2006 2007 2005 2008 2009 A. Current Account Balance on goods Balance on services Balance on income Balance on current transfers -782805 -837289 s0969s 125920 -821197 832402 e8558 75573 115821 123765 43338 100604 146147 123584 67632 -g8822 113872 -124062 -120802) -88347 B. Capital Account C. Financial Account -1788 304 e010 13116 -141 Direct investment abroad 296059 532940 351724 313726 61925 Direct investment in U.S 340006 380806 332734 294289 153788. 138329 284268 Portfolio investment assets, net Portfolio investment liabilities, net Balance on other investment assets and liabilities, net D. Net Errors and Omissions 493366 375884 267291 523683 357352 832038 1156613 1126735 63236 34197 357178 179922 73668 149970 49941 101008 634 31597 4848 5225 122 E. Reserves and Related Items -2374 -14095 (1) (2pt)Compute the balance of current account in 2008. 632492 t 1251s t 140141 t-124002) = - 68 p642 (2) (2pt)In 2008, what was the balance of the Financial and Capital Account? Did the U.S. experience a capital inflow or outflow in this year? (3) (2pt)Did the amount of reserve (e.g. gold, foreign currencies, SDRS) increase decrease in 2008? By how much (in dollar value)? or (4) (3pt)In 2008, what was the balance of the U.S. government budget if Investment-$4,805,411 mil and Savings -$4,670,143 mil? (5) (3pt)An Argentinean investor sells a winery in California for $7.5 million, depositing the proceeds to her checking account at Bank of America, San Francisco. (6pts)Record the following transactions on the Balance of Payments for the U.S. a. (1.5pt)The Federal Reserve sells SDRS for 80 million dollars b. (1.5pts)U.S. Treasury pays $20 million bond interest to a German insurance fund. c. Name (U.S. Balance of Payments.1 5pts) Listed below is U.S.'s BOP from year 2005-2009. Account(millions of US dollars) 2005 2006 A. Current Account 2007 2008 2009 Balance on goods -782805 Balance on services -837289 -821197 832492 68558 Balance on income 75573 115821 123765 125920 67632 43338 100604 Balance on current transfers 146147 123584 -98822 -88347 -113872 -124062 B. Capital Account -120602 13116 384 -1788 6010 141 C. Financial Account Direct investment abroad Direct investment in U.S 61925 296059 313726 532940 351724 138329 294289 340066 332734 153788 Portfolio investment assets, net 267291 380806 -284268 375884 493366 Portfolio investment liabilities, net 357352 832038 1126735 1156613 523683 Balance on other investment assets and liabilities, net -63236 357178 179922 34197 73668 -49941 149970 D. Net Errors and Omissions 101008 -634 31597 52256 4848 122 -2374 -14095 E. Reserves and Related Items (1) (2pt)Compute the balance of current account in 2008. -832492 t 123105 t 140141 tF124D02) = -08pb42 (2) (2pt)In 2008, what was the balance of the Financial and Capital Account? Did the U.S. experience a capital inflow or outflow in this year

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