Which of the Following Is a National Account That Records

question 135

Multiple Choice

Which of the following is a national account that records transactions involving the purchase or sale of assets?

• A) Current account
• B) Merchandise account
• C) Service account
• D) Capital account

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Definitions:

Variability

Variability in statistics refers to how spread out or dispersed a set of data is, indicating the degree to which these data points differ from each other and from their average.

Degrees Of Freedom

The number of independent values in a statistical calculation that are free to vary.

Independent Variables

Variables in an analysis that are manipulated or categorized to determine their effect on dependent variables; essentially the same as explanatory variables but in a different context.

Skewed Left

Describes a distribution of data where the tail is longer on the left side of the distribution, indicating a larger number of lower values.