12. In the economy of Popania in 2008, total Popanian purchases of assets in the rest of...

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12. In the economy of Popania in 2008, total Popanian purchases of assets in the rest of the world equaled $300 billion, purchases of Popanian assets by the rest of the world equaled

$400 billion, and Popania exported goods and services equal to $350 billion. What was Popania’s balance of payments on financial account in 2008? What was its balance of payments on current account? What was the value of its imports?

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Essentials Of Economics

ISBN: 9781429218290

2nd Edition

Authors: Paul Krugman, Robin Wells, Kathryn Graddy

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