Michael Phelps,the U.S.Olympic swimmer,spends $2,000 on traveling costs around England after the London Olympic game.This is counted as:
A) Debit to services.
B) Credit to services.
C) Debit to unilateral transfer.
D) Credit to unilateral transfer.
Correct Answer:
Verified
Q12: In the twin deficits hypothesis,to reduce a
Q13: Which of the following is considered as
Q14: Unilateral payments include pensions,private transfers and _.
A)
Q16: If imports exceed exports,then:
A) private saving exceeds
Q17: Which of the following is considered a
Q18: Which of the following categories generally has
Q19: The net value of flows of goods,services,investment
Q20: Which of the following is considered a
Q21: Capital account transactions include:
I.Foreign purchases of U.S.stocks
II.Goods
Q22: The United States,Germany,and China are examples of
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