Based on the Following Information,what Is the Balance on the Current

question 77

Multiple Choice

Based on the following information,what is the balance on the current account? Exports of goods and services = $12 billion
Imports of goods and services = $14 billion
Net income on investments = -$4 billion
Net transfers = -$1 billion
Increase in foreign holdings of assets in the United States = $6 billion
Increase in U.S.holdings of assets in foreign countries = -$3 billion

• A)-$7 billion
• B)-$3 billion
• C)-$2 billion
• D)$1 billion

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Definitions:

Job Performance

The level of effectiveness and efficiency with which an employee carries out their assigned duties and responsibilities.

Measurement

The action of quantifying the characteristics of phenomena to assign values or attributes, allowing for comparison and analysis.

Random Error

Variability in data or results that stems from unpredictable and uncontrollable factors, affecting the precision of measurements.

Reliability

The degree to which an assessment tool produces stable and consistent results across different times and contexts.