It would take by my calculations around 16 yrs but that is just an hypothesis
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Answer:
1. The liquid assets value= 21614
2. The predicted value for 2023 = 19749
Explanation
Check attachment for calculation and tables
I believe the answer is b. N
Answer:
The balance on the capital account=-$142 billion
Explanation:
The formula for determining the balance on the capital account can be expressed as;
CU+FA+CA+SD=0
where;
CU=balance on the current account
FA=balance on the financial account
CA=balance on the capital account
SD=statistical discrepancy
In our case;
balance on the current account=$346 billion
balance on the financial account=-$204 billion
balance on the capital account=unknown=c
statistical discrepancy=0
replacing;
346+(-204)+c+0=0
142+c=0
c=-142
The balance on the capital account=-$142 billion
