An Example of a Deficit Item on the U

question 166

Multiple Choice

An example of a deficit item on the U.S. balance of payments is

• A) the sale of a spark plug made by a U.S. firm in Michigan to a Nissan plant in Tennessee.
• B) the purchase of Japanese yen by a U.S. firm.
• C) a deposit in a bank in Chicago by the government of Saudi Arabia.
• D) the payment of a dividend by a British firm to a U.S. family.

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Definitions:

Vertical Line

A vertical line is a straight line that goes up and down without any tilt, perfectly perpendicular to a horizontal plane, often used in geometric contexts and graphing.

Frequency Distribution

An arrangement of data that shows how often each different value occurs in a dataset.

Class

In statistics, a category into which data are grouped for frequency distribution, or in object-oriented programming, a blueprint for creating objects with specific attributes and methods.

Observations

The act of noting and recording something with instruments or senses to gather information.