Question
17.The U.S. Treasury makes a $500 interest payment to a foreign resident that holds a previously purchased U.S. treasury bill, paying with checks from a
17.The U.S. Treasury makes a $500 interest payment to a foreign resident that holds a previously purchased U.S. treasury bill, paying with checks from a U.S. bank. The value of the interest payment paid to a foreign resident is a _______________ entry in the ________________ account.
credit; current | ||||||||||||||||||||
debit; current | ||||||||||||||||||||
credit; capital | ||||||||||||||||||||
debit; capital | ||||||||||||||||||||
credit; official settlements | ||||||||||||||||||||
debit; official settlements
(Using the information from #17) The payment using checks from a U.S. bank is a ________________ entry in the ____________________ account.
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