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Author Question: Which of the following is a credit in the U.S. current account? a. A U.S. consumer buys a TV made ... (Read 74 times)

hubes95

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on: Jun 30, 2018
Which of the following is a credit in the U.S. current account?
 a. A U.S. consumer buys a TV made in Malaysia.
 b. Singapore Airlines buys a jumbo jet made in the United States.
  c. British investors purchase U.S. government bonds.
 d. An American citizen flies to Lithuania on the Lithuanian Airlines.

Question 2

The benefits received principle would not work well in which of the following cases?
 a. gasoline tax
 b. national defense
 c. taxing those people who use a private good
  d. admission fees to a national park


sarahccccc

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

b


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