EP ECONOMICS,AP EDITION-CONNECT ACCESS
20th Edition
ISBN: 9780021403455
Author: McConnell
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Question
Chapter 39, Problem 2P
To determine
The balance on the financial account.
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S 2
Assume all transactions are between private individuals. A U.S. citizen buys a Japanese bond. This transaction will be entered in the US balance of payments as _______________.
a) an increase in investment income and an increase in foreign private assets in the US
b) a decrease in private US assets abroad and an increase in foreign private assets in the US
c) an increase in imports and an increase in foreign private assets in the US
d) an increase in private US assets abroad and an increase in foreign private assets in the US
A Guatemalan citizen working in Canada sends remittances to her family in Guatemala. This
transaction appears as a...
O negative entry in the Guatemalan Capital and Financial Account
O positive entry in the Guatemalan Capital and Financial Account
O negative entry in the Guatemalan Current Account
O negative entry in the Canadian Capital and Financial Account
O negative entry in the Canadian Current Account
Chapter 39 Solutions
EP ECONOMICS,AP EDITION-CONNECT ACCESS
Ch. 39.1 - Prob. 1QQCh. 39.1 - Prob. 2QQCh. 39.1 - Prob. 3QQCh. 39.1 - Prob. 4QQCh. 39 - Prob. 1DQCh. 39 - Prob. 2DQCh. 39 - Prob. 3DQCh. 39 - Prob. 4DQCh. 39 - Prob. 5DQCh. 39 - Prob. 6DQ
Ch. 39 - Prob. 7DQCh. 39 - Prob. 8DQCh. 39 - Prob. 9DQCh. 39 - Prob. 10DQCh. 39 - Prob. 11DQCh. 39 - Prob. 1RQCh. 39 - Prob. 2RQCh. 39 - Prob. 3RQCh. 39 - Prob. 4RQCh. 39 - Prob. 5RQCh. 39 - Prob. 6RQCh. 39 - Prob. 7RQCh. 39 - Prob. 8RQCh. 39 - Prob. 9RQCh. 39 - Prob. 10RQCh. 39 - Prob. 1PCh. 39 - Prob. 2PCh. 39 - Prob. 3PCh. 39 - Prob. 4PCh. 39 - Prob. 5P
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