Which one of the following will be recorded as a debit entry in Canada's capital account? A) Rents paid to an American resident on his house located in Toronto B) A Canadian resident buys U.S. government bond from an American resident C) The hotel expenses of a U.S. resident that takes a vacation in Toronto. D) All of the above
Which one of the following will be recorded as a debit entry in Canada's capital account? A) Rents paid to an American resident on his house located in Toronto B) A Canadian resident buys U.S. government bond from an American resident C) The hotel expenses of a U.S. resident that takes a vacation in Toronto. D) All of the above
Chapter1: Making Economics Decisions
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![Which one of the following will be recorded as a debit entry in Canada's capital account?
A) Rents paid to an American resident on his house located in Toronto
B) A Canadian resident buys U.S. government bond from an American resident
C) The hotel expenses of a U.S. resident that takes a vacation in Toronto.
D) All of the above](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe28dde66-c422-4bb5-be2e-b857aa636946%2Fc0c7d8c4-0d00-43fb-8068-1ca522ba9b2a%2Fstlewli_processed.png&w=3840&q=75)
Transcribed Image Text:Which one of the following will be recorded as a debit entry in Canada's capital account?
A) Rents paid to an American resident on his house located in Toronto
B) A Canadian resident buys U.S. government bond from an American resident
C) The hotel expenses of a U.S. resident that takes a vacation in Toronto.
D) All of the above
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