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or questions 27-30, use the following data for the U.S. economy: Through year End of year Year Current account Gross assets held abroad Gross liabilities

or questions 27-30, use the following data for the U.S. economy: Through year End of year Year Current account Gross assets held abroad Gross liabilities to foreigners 2022 -$1,000bn $31,700bn $47,800bn 7 27. What was the U.S.' net foreign asset position at the end of 2022? (a) -$47,800bn (b) -$32,700bn (c) -$31,700bn (d) -$16,100bn

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