The Table Contains Hypothetical Data for the U

question 199

Multiple Choice

$$\begin{array} { | l | c | } \hline \text { (1) US Goods Exports } & + \$ 100 \\\hline \text { (2) US Goods Imports } & - 80 \\\hline \text { (3) US Service Exports } & + 40 \\\hline \text { (4) US Service Imports } & - 90 \\\hline \text { (5) Net Investment Income } & + 20 \\\hline \text { (6) Net Transfers } & - 15 \\\hline \text { (7) Foreign Purchases of Assets in the United States } & + 30 \\\hline \text { (8) US Purchases of Foreign Assets Abroad } & - 10 \\\hline \text { (9) Balance on Capital Account } & + 5 \\\hline\end{array}$$ The table contains hypothetical data for the U.S. balance of payments. All ?gures are in billions of dollars. The U.S. balance on current account is a

• A) $40 billion surplus.
• B) $25 billion de?cit.
• C) $25 billion surplus.
• D) $30 billion de?cit.

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Definitions:

Student-t

A probability distribution used in statistical science, particularly in scenarios with small sample sizes or unknown variances.

F-distribution

A probability distribution that arises in the testing of whether two sample variances are equal, used in ANOVA and other tests involving multiple variances.

Chi-squared Distribution

A distribution used in statistics that measures how expectations compare to actual observed data, particularly in the context of categorical variables.

Binomial Distribution

A probability distribution that represents the number of successes in a fixed number of independent trials, with each trial having only two possible outcomes and a constant probability of success.