Asked by Ke'Darius Thornton on Jul 26, 2024
Verified
In the balance of payments of the United States, inflows of money to the United States are recorded as
A) a positive entry.
B) a current account entry.
C) a negative entry.
D) net investment income.
Inflows of Money
The movement of cash or cash equivalents into a place, organization, or financial instrument.
Positive Entry
The introduction of new firms into a market, increasing competition and potentially leading to innovation and lower prices for consumers.
Current Account Entry
An item in the balance of payments that includes all imports and exports of goods and services, along with income received from or paid to foreign countries.
- Get to know the components and the structure of the balance of payments.
Verified Answer
TB
Terrence BrownJul 26, 2024
Final Answer :
A
Explanation :
Inflows of money to the United States are recorded as a positive entry in the balance of payments, reflecting an increase in the financial resources coming into the country.
Learning Objectives
- Get to know the components and the structure of the balance of payments.