Suppose, in 2020 a country's output was $300 billion, consumption was $200 billion and investment was $150 billion. Also during the year the country earned 6% return on $150 billion worth of foreign bonds. What was the country's foreign bond holding at the end of the year? Question 6 options: 109 -59 159 -41

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter20: Monetary Policy
Section: Chapter Questions
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Suppose, in 2020 a country's output was $300 billion, consumption was $200 billion and investment was $150 billion. Also during the year the country earned 6% return on $150 billion worth of foreign bonds. What was the country's foreign bond holding at the end of the year?

Question 6 options:

109


-59


159


-41

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