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

Economics

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Refer to the scenario above. If they are the only bidders in the auction and each bidder bids up to his value for the good, the winner will earn a surplus of ________

A) $500 B) $625 C) $125 D) $150

Economics

A "payday loan" is a ________ amount of money borrowed for short period, by ________ income people who have a checking account, a job, and direct deposit of their paycheck

a. large; higher b. small; higher c. large; lower d. small; lower

Economics