Foreign aid usually consists of funds loaned at high interest rates

Which of the following is TRUE of the U.S. trade balance and the federal government budget?

A) In most years since the 1970s, both have been in deficit. B) In most years since the 1970s, both have been in surplus. C) The federal government budget deficit was more variable before the 1970s, but the trade deficit has been more variable since. D) Both exhibited greater variability before the 1970s than they have since.

When the United States sends money to Japan to help earthquake survivors, in which account is this transaction recorded?

A) the financial account B) the capital account C) the foreign services account D) the current account