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Question as attached 9) If official reserves increase, then we know that the A) official settlements account balance is negative. B) capital and financial account

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9) If official reserves increase, then we know that the A) official settlements account balance is negative. B) capital and financial account is negative. C) official settlements account balance is positive. D) capital and financial account and the current account must sum to zero. E) capital and financial account is positive. 10) In 2008, the current account balance was -$706 billion and the capital and financial account balance was +$711 billion. Therefore, the official settlements account balance was and the balance of all payments accounts summed was A) -$5 billion; zero B) +$5 billion; zero C) not enough information to determine; negative D) negative; negative E) positive; positive Balance of payments accounts (billions of dollars) Syldavia investment abroad 170 Exports of goods and services 140 Net transfers 0 Change in official reserves 0 Net interest Imports of goods and services 180 Foreign investment in Syldavia 210 11) The table above gives data for the nation of Syldavia. The current account has a A) $40 billion deficit. B) $30 billion deficit. C) $40 billion surplus. D) $50 billion deficit. E) balance of $320 billion. 12) The table above gives data for the nation of Syldavia. The capital and financial account has a A) $40 billion deficit. B) $30 billion deficit. C) $40 billion surplus. D) $50 billion deficit. E) balance of $380 billion. 13) The table above gives data for the nation of Syldavia. The official settlements account has a A) $40 billion deficit. B) $30 billion deficit. C) $40 billion surplus. D) zero balance. E) balance of $380 billion. 14) The table above gives data for the nation of Syldavia. The sum of the current account balance, capital and financial account balance, and the official settlements account be' Syldavia is equal to A) $30 billion. B) -$10 billion. C) $10 billion. D) zero. E) $40 billion

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