Which of the Following Is Not True of the Statistical

question 152

Multiple Choice

Which of the following is not true of the statistical discrepancy in the balance of payments?

• A)It is residual.
• B)It is a measure of net error in the balance of payments data.
• C)It is necessary because some transactions go unreported.
• D)An excess of credits in all other accounts must be offset by equivalent debits in the statistical discrepancy account.
• E)A difference between credits and debits is taken care of by changes in the official reserve transaction account.

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Definitions:

Affirmation

Positive statements or actions that confirm one's abilities, qualities, or achievements, supporting personal growth and self-esteem.

Positive Message

Communications or statements that convey optimistic, constructive, or hopeful content.

Prosocial Development

Prosocial development refers to the process of becoming more inclined to behave in a way that benefits others, including behaviors like helping, sharing, and showing compassion.

Teaching Morals

The process of educating individuals, especially children, about values, ethical conduct, and the difference between right and wrong.