Which of the Following Statements Is INCORRECT

question 276

Multiple Choice

Which of the following statements is INCORRECT?

• A) Payments for imports and receipts from exports are recorded in the current account.
• B) Foreign investment in the United States and U.S. investment abroad are recorded in the capital and financial account.
• C) A change in U.S. official reserves is recorded in the official settlements account.
• D) Net interest income is recorded in the official settlements account.

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Definitions:

Cerebellum

A part of the brain located at the back of the skull, primarily responsible for coordinating movement and balance.

Medulla

A specific area within the brainstem that controls vital bodily functions such as heart rate, breathing, and blood pressure.

Wrinkled

Having lines or creases on the skin or surface of an object, often associated with aging or the effects of drying or damage.

Medulla

A part of the brainstem that controls vital bodily functions such as breathing, heart rate, and blood pressure.