1) Indicate how the following transaction is entered into the Zambian balance of payments with double-entry bookkeeping: A Žambian resident receives a dividend of K1000,000 on her foreign stock and deposits it into her bank account abroad. 1b) Indicate how the following transaction is entered into the Zambian balance of payments with double-entry book keeping: A Zambian investor purchases K3000,000 of U.S. treasury bills and pays by drawing down his bank balances in the United States of America. macroeconomics macroeconomics
1) Indicate how the following transaction is entered into the Zambian balance of payments with double-entry bookkeeping: A Žambian resident receives a dividend of K1000,000 on her foreign stock and deposits it into her bank account abroad. 1b) Indicate how the following transaction is entered into the Zambian balance of payments with double-entry book keeping: A Zambian investor purchases K3000,000 of U.S. treasury bills and pays by drawing down his bank balances in the United States of America. macroeconomics macroeconomics
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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