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12. What is a nation's cash inflow (outflow) on its current account and its capital account given the following information? Was there a net currency
12. What is a nation's cash inflow (outflow) on its current account and its capital account given the following information? Was there a net currency inflow or outflow? imports $145 exports 211 direct investments abroad 72 foreign investments in the country 143 foreign purchases of domestic securities purchases of foreign securities 29 net income from foreign investments 37 government spending abroad 22 86 Explain your answer mm (10 Points) Enter your answer 13. If you open an individual retirement account (IRA) at a commercial bank and deposit $1,000 in the account per year, how much will be in the account after 20 years if the funds earn 7% annually? Explain your answer! (5 Points)
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