In 2016 the country of Ikonomia has a current account deficit of $1 billion and a nonreserve financial account surplus of $700 million. Ikonomia’s capital account is in a $150 million surplus. In addition, Ikonomian factories located in foreign countries earn $700 million. Ikonomia has a trade deficit of $600 million. Assume Ikonomia neither gives nor receives unilateral transfers. Ikonomia’s GDP is $9.4 billion. What happened to Ikonomia’s net foreign assets during 2016? Did it acquire or lose foreign assets during the year?Compute the official settlements balance (OSB). Based on this number, what happened to the central bank’s (foreign) reserves?How much income did foreign factors of production earn in Ikonomia during 2016?Compute net factor income from abroad (NFIA).Using the identity BOP = CA + FA + KA, show that BOP = 0.Compute Ikonomia’s gross national expenditure (GNE), gross national income (GNI), and gross national disposable income (GNDI).
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Business, 22.06.2019 13:10, KillerSteamcar
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Answers: 2
Business, 22.06.2019 15:20, iselloutt4fun
Kelso electric is debating between a leveraged and an unleveraged capital structure. the all equity capital structure would consist of 40,000 shares of stock. the debt and equity option would consist of 25,000 shares of stock plus $280,000 of debt with an interest rate of 7 percent. what is the break-even level of earnings before interest and taxes between these two options?
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Business, 22.06.2019 22:30, chad65
Which of the following situations is most likely to change a buyer's market into a seller's market? a. a natural disaster that drives away a lot of the population. b. the price of building materials suddenly going up. c. the government buys up a lot of houses to build a new freeway. d. a factory laying off a lot of workers in the area.
Answers: 1
In 2016 the country of Ikonomia has a current account deficit of $1 billion and a nonreserve financi...
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