Question
In 2013 , for the United States, the current account balance was negative $ 400 billion, the flow of U.S. private holdings of assets abroad
In
2013
,
for the United States, the current account balance was
negative $ 400
billion, the flow of U.S. private holdings of assets abroad was
negative $ 586
billion, and the flow of foreign private assets held in the United States was
$ 959
billion.
*Real-time data provided by Federal Reserve Economic Data (FRED), Federal Reserve Bank of Saint Louis.
Using the information provided above, fill in the blanks below.
The balance on the capital account during the year was - billion ( enter your response as a whole number and include a minus sign if necessary)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started