Refer to the information provided in Table 6.3 below to answer the questions that follow.
Table 6.3
-Refer to Table 6.3. The value of net factor payments to the rest of the world in billions of dollars is
A) 5.
B) 15.
C) 25.
D) 35.

Question

Refer to the information provided in Table 6.3 below to answer the questions that follow.
Table 6.3 
-Refer to Table 6.3. The value of net factor payments to the rest of the world in billions of dollars is
A) 5. 
B) 15. 
C) 25. 
D) 35.

Quizplus · Accepted Answer

Net factor payments to the rest of the world is the difference between factor income received from the rest of the world and factor income paid to the rest of the world. In Table 6.3, factor income received from the rest of the world is $20 billion and factor income paid to the rest of the world is $15 billion. Therefore, net factor payments to the rest of the world is $20 billion - $15 billion = $5 billion.

Refer to the Information Provided in Table 6