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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.

credit; current

debit; current

credit; capital

debit; capital

credit; official settlements

debit; official settlements

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