Which of the following would be a debit in the U.S. balance of ...

[arivle123]

Which of the following would be a debit in the U.S. balance of payments?
 a. the purchase of a Japanese car by an American
 b. the purchase of air service from a U.S. airline by a Japanese traveler
  c. a short-term loan extended to a Japanese manufacturer by a U.S. bank
  d. the purchase of U.S. grain by a Japanese bakery

Question 2

The median voter model implies that:
 a. most voters will have about the same preferences for goods and services provided through government.
 b. a candidate may adopt more extreme views when seeking her party's nomination than during the general election.
  c. political voting will be as economically efficient as voting with dollars in competitive markets.
 d. none of the above

[qytan]

Answer to Question 1

a

Answer to Question 2

b