The balance on current account records information about: a. ...

[TVarnum]

The balance on current account records information about:
 a. purchases of U.S. financial assets by foreigners.
 b. purchases of foreign financial assets by Americans.
 c. the levels of imports and exports of goods and services for a country.
  d. foreign investments in U.S. bonds, stocks, and other items.

Question 2

Public choice theory applies ____ principles to politics.
 a. altruistic
 b. ceteris paribus
 c. economic
 d. the fallacy of composition

[JYan]

Answer to Question 1

c

Answer to Question 2

c