A Small, Randomly Selected Part of a Larger Population That

question 195

Multiple Choice

A small, randomly selected part of a larger population that accurately reflects characteristics of the whole population is known as a

• A)correlation group.
• B)control group.
• C)representative sample.
• D)balance-bias sample.

---

Definitions:

Capital Account

A national account that shows the net change in asset ownership for a nation, reflecting movements of financial capital and tangible capital into and out of the country.

Current Account

A component of a country's balance of payments that measures the trade of goods and services, along with earnings on foreign investments minus payments made to foreign investors.

International Monetary Reserves

Assets held by a country's central bank to back its national currency and provide financial and economic stability.

Remittances

Payments by immigrants to family members and others located in the immigrants’ home countries.