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The following table contains hypothetical data for the U.S. balance of payments in a year. Answer the following question on the basis of these data.

The following table contains hypothetical data for the U.S. balance of payments in a year. Answer the following question on the basis of these data. All figures are in billions of dollars.

U.S. goods exports +$390

U.S. goods imports -498

U.S. service exports +133

U.S. service imports -107

Net investment income +12

Net transfers -22

Capital account -5

Foreign purchases of U.S. assets +156

U.S. purchases of foreign assets -59

Refer to the table above. The figure for net transfers indicates that the United States:

Group of answer choices

a-Sent a net private transfer of $22 billion to the rest of the world

b-Received a net private transfer of $22 billion from the rest of the world

c-Sent a net public and private transfer of $22 billion in remittances to the rest of the world

d-Received a net public and private transfer of $22 billion from the rest of the world

Choose from the choices provided and please give a valid explanation for your choice. Answer asap.

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