Determine which account of the Balance-of-Payments is affected by the following transaction: You travel to the United States for holiday and spend US$500 Select one: O a. Current Account - Imports O b. Capital Account - Portfolio Investment O. Current Account - Exports O d. Capital Account - Foreign Direct Investment O e. Current Account - Transfers
Determine which account of the Balance-of-Payments is affected by the following transaction: You travel to the United States for holiday and spend US$500 Select one: O a. Current Account - Imports O b. Capital Account - Portfolio Investment O. Current Account - Exports O d. Capital Account - Foreign Direct Investment O e. Current Account - Transfers
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![Determine which account of the Balance-of-Payments is affected by the following
transaction:
You travel to the United States for holiday and spend US$500
Select one:
O a. Current Account - Imports
O b. Capital Account - Portfolio Investment
O. Current Account - Exports
O d. Capital Account - Foreign Direct Investment
e. Current Account - Transfers](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F30e62c65-24a7-4b98-a69d-6f93d49d4efe%2F3291b14e-73bf-442e-806f-0b2aa25bb179%2Fp52h86l_processed.png&w=3840&q=75)
Transcribed Image Text:Determine which account of the Balance-of-Payments is affected by the following
transaction:
You travel to the United States for holiday and spend US$500
Select one:
O a. Current Account - Imports
O b. Capital Account - Portfolio Investment
O. Current Account - Exports
O d. Capital Account - Foreign Direct Investment
e. Current Account - Transfers
![If grades are to be a successful signal to potential employers of the employee's
quality, then higher grades must be
Select one:
O a. easier for low-productivity students to earn than for high-productivity
students to earn.
O b. easier for high-productivity students to earn than for low-productivity
students to earn.
O . used for all future promotions within the firm.
O d. easy for employers to check.
O e. often referred to in the hiring process.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F30e62c65-24a7-4b98-a69d-6f93d49d4efe%2F3291b14e-73bf-442e-806f-0b2aa25bb179%2Fq4urhm9_processed.png&w=3840&q=75)
Transcribed Image Text:If grades are to be a successful signal to potential employers of the employee's
quality, then higher grades must be
Select one:
O a. easier for low-productivity students to earn than for high-productivity
students to earn.
O b. easier for high-productivity students to earn than for low-productivity
students to earn.
O . used for all future promotions within the firm.
O d. easy for employers to check.
O e. often referred to in the hiring process.
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