In 2014,Canada Had a Current Account Deficit of Approximately $41

question 63

Multiple Choice

In 2014,Canada had a current account deficit of approximately $41 billion.In the absence of any statistical discrepancy,this deficit would imply that during that year,Canada

• A)had negative net assets with the rest of the world.
• B)also had a capital account deficit.
• C)had a net debt to the rest of the world of more than $41 billion.
• D)experienced a capital inflow of $41 billion.
• E)experienced a decrease in GDP of $41 billion.

---

Definitions:

Weighted Average

An average that attributes different weights to elements in the dataset, reflecting their varying levels of importance or frequency.

Expected Value

The long-run average value of repetitions of the experiment it represents, in probability and statistics.

Random Variable

A quantity whose numerical values emerge from unpredictable phenomena.

Discrete Random Variable

A variable that takes on a finite or countably infinite number of values, each with a quantifiable probability.