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Please use the following debit and credit entries for various BOP accounts (in billions of $) to answer the next question : Account Credit Debit
Please use the following debit and credit entries for various BOP accounts (in billions of $) to answer the next question:
Account | Credit | Debit |
Capital | 600 | 1,200 |
Net Investment Income | 10 | 6 |
Service | 140 | 150 |
Merchandise | 4,000 | 3,000 |
Official Reserve | 200 | 800 |
Unilateral Transfers | 30 | 4 |
The Current Account Balance should be (in billions of $):
Group of answer choices
1020 surplus
960 deficit
964 deficit
986 deficit
2160 surplus
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