Question
Consider the following information: Imports $232.5 Net income from foreign investments 59.6 Foreign investments in U.S. 6.2 Government spending abroad 4.6 Exports 173.7 U.S. investments
Consider the following information: Imports $232.5 Net income from foreign investments 59.6 Foreign investments in U.S. 6.2 Government spending abroad 4.6 Exports 173.7 U.S. investments abroad 22.3 Foreign securities bought by U.S. 4.1 U.S. securities bought by foreigners 2.6 Purchase of short-term foreign securities 5.0 Foreign purchases of U.S. short-term securities 8.8 Determine the balance on the U.S. current account and capital accounts. Use a minus sign to enter the amount as a negative value. Round your answers to one decimal place. Balance on current account: $ Balance on capital account: $
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