The Table Contains Balance of Payments Data for the Hypothetical

question 90

Multiple Choice

$$\begin{array} { | l | c | } \hline \text { (1) Goods exports } & + \$ 220 \\\hline \text { (2) Goods imports } & - 328 \\\hline \text { (3) Exports of services } & + 54 \\\hline \text { (4) Imports of services } & - 55 \\\hline \text { (5) Net investment income } & + 18 \\\hline \text { (6) Net transfers } & - 11 \\\hline \text { (7) Capital account } & - 1 \\\hline \text { (8) Foreign purchases of Econland assets } & + 124 \\\hline \text { (9) Econland purchases of foreign assets } & - 21 \\\hline\end{array}$$ The table contains balance of payments data for the hypothetical nation of Econland. All ?gures are in billions of dollars. Econland's balance on the capital and ?nancial accounts is a

• A) de?cit of $110 billion.
• B) surplus of $92 billion.
• C) surplus of $102 billion.
• D) surplus of $103 billion.

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Definitions:

Disconfirming Instances

Instances or examples that provide evidence against a particular hypothesis or statement.

Generalization

A broader statement or principle derived from specific instances, making wider claims based on limited observations.

Generalization

A broad statement or concept derived from specific instances, often used to make predictions or assumptions about unobserved situations.

Plausible

Appearing likely or believable, though not necessarily true.