Assuming the United States sends foreign aid payments to another country. Then, this is shown in the U.S. balance of payments account as a
a. credit in the current account.
b. debit in the current account.
c. debit in the capital account.
d. credit in the capital account.
e. credit in the official reserve transactions account.
B
You might also like to view...
When the aggregate demand curve shifts rightward, the price level ________ and the unemployment rate ________
A) decreases; increases B) decreases; decreases C) increases; decreases D) does not change; does not change E) increases; increases
A curve that represents all combinations of market baskets that provide the same level of utility to a consumer is called:
A) a budget line. B) an isoquant. C) an indifference curve. D) a demand curve. E) none of the above
Functional divisions
a. Make it easier to tie pay to performance b. Make it more difficult to tie pay to performance c. Break all ties between pay and performance d. None of the above
Which of the following is the primary source of cross-country differences in the real earnings of workers?
a. differences in natural resource endowments b. differences in the share of workers that are members of a labor union c. differences in output per worker d. access to modern technology e. differences in the average number of hours worked