The Balance of Payments Account Which Records Foreign Investment in Australia

question 2

Multiple Choice

The balance of payments account which records foreign investment in Australia and Australian investments abroad is the

• A)official settlements account.
• B)current account.
• C)capital and financial account.
• D)None of the above because foreign investment in Australia is included in one account and Australian investment abroad is included in another account.

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Definitions:

Social Psychological

Pertaining to how individual thoughts, feelings, and behaviors are influenced by the social environment and presence of others.

Cognitive Association

The mental linking or relating of ideas, concepts, or stimuli, which plays a role in how thoughts and memories are organized.

Economic Deprivation

A state of lacking economic resources and essentials, leading to poor living conditions and limited access to goods and services.

Quick High

refers to a rapid onset of euphoria or intoxication from using certain substances, which is often short-lived and sought after by substance abusers.