Which of the Following Transactions Would Be Recorded as a Credit

question 48

Multiple Choice

Which of the following transactions would be recorded as a credit in the U.S. current account?

• A) A Japanese bank's purchase of IBM stock.
• B) A Japanese consumer's purchase of an Apple computer.
• C) An American tourist's payment to a Japanese hotel.
• D) An American consumer's purchase of a Toshiba VCR.

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Definitions:

Bystander Effect

A social psychological phenomenon where individuals are less likely to help a victim when other people are present, often due to diffused responsibility.

Nature of Groups

The characteristics, dynamics, and processes that define how groups are formed, function, and dissolve.

Group Cohesiveness

The extent to which members of a group are bound together, typically leading to increased group functioning and harmony.

Groupthink

A psychological phenomenon that occurs within a group of people when the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.