What effect does the following transaction have on the U.S. balance of payments?(Choose the proper debit and credit entries.) U.S. residents purchase Mexican products and pay for them with U.S. dollars
a. Debit the U.S. financial account; credit the U.S. current account.
b. Credit the U.S. financial account; debit the U.S. current account.
c. Debit the U.S. financial account; credit the U.S. financial account.
d. Credit the U.S. financial account; debit the U.S. financial account.
e. Credit the U.S. financial account; debit the U.S. net errors and omissions account.
.B
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In the aggregate expenditures model, if an economy operates below equilibrium GDP, there will be unplanned inventory depletion
a. True b. False Indicate whether the statement is true or false
Which of the following could be considered a macroeconomic issue?
A. T-Mobile and MetroPCS finalize a merger. B. Twinkies goes bankrupt, and the entire snack industry experiences losses. C. The unemployment rate in the US falls to 7.5 percent from 7.7 percent during the month of June. D. The decision of Microsoft to offer a free upgrade to Windows 10.