What were peru total official foreign exchange reserves

Assignment Help Microeconomics
Reference no: EM131485107

Question: Peru's total official foreign exchange reserves on January 1 2008 were equal to US$18.1 billion. From its capital and financial account data for the balance of payments for 2008, we also know that item N in Table 15.2 was equal to + US$4.7 billion and item O was equal to -US$5.2 billion. What were Peru's total official foreign exchange reserves on December 31 2008? Show your work and explain.

64_15.2.png

Reference no: EM131485107

Questions Cloud

Explain what could cause such a deficit on current account : Mozambique ran a current account balance of -$607 million in 2004, i.e., a deficit.
Prepare journal entries to record transaction of ketchup ltd : Prepare the journal entries to record the transactions of Ketchup Ltd up to and including that which took place on 15 December 2015
Why is it important to study internal resources-capabilities : Why is it important to study the internal resources, capabilities, and activities of firms? What insights can be gained?
Functional nutritional cell-cycle control system : What would be the impact of starvation on average cell size of a yeast strain with a functional nutritional cell-cycle control system?
What were peru total official foreign exchange reserves : Peru's total official foreign exchange reserves on January 1 2008 were equal to US$18.1 billion. From its capital and financial account data for the balance.
Cell division of a mutation abolishing the gtpase activity : What would be the impact on cell division of a mutation abolishing the GTPase activity of Ras?
What demographic is more prone to using cam therapies : Do you see any outstanding benefits or detractions from the modality discussed in the article in contemporary wellness environments?
What is your current academic discipline : What is your current academic discipline? Supervision and Health Management. Why are you working toward a degree in that field?
Effective accountability in project management : Issues and conclusions regarding project planning, scheduling, and risk management from the construction case that also apply to information technology projects.

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd