The Components of the Current Account Include Imports of Goods

question 119

Multiple Choice

The components of the current account include imports of goods and services, exports of goods and services, and

• A) net transfers.
• B) any increase in U.S.-owned assets abroad.
• C) military sales.
• D) foreign-held money orders.

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Definitions:

Assignable Variation

Refers to variation in a process that can be traced to a specific cause, as opposed to random variation.

Cycle

A sequence of events or processes that repeat in a regular and predictable pattern.

Operators

Symbols or words that indicate an operation to be performed within an algebraic or programming context.

Standard Deviations

An indicator of how much the values in a group differ from each other.