Security purchases by citizens of the United States on foreigners markets is
A) a credit item in the current account.
B) a debit item in the capital account.
C) a credit item in the capital account.
D) a debit item in the current account.
B
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Refer to Table 9-2. Select the statement that accurately interprets the data in the table
A) Gabriel has a comparative advantage in baking pies and baking cakes. B) Gabriel has an absolute advantage in baking cakes. C) Gabriel has a comparative advantage in baking pies. D) Sarita has a comparative advantage in baking pies.
What are the main lessons economists learned from the developing country crisis?
What will be an ideal response?
What is the rule for efficient output selection and how does the competitive market achieve it?
What will be an ideal response?
Unlike recent events in England, the United States has no recent history of bank failures
a. True b. False Indicate whether the statement is true or false