Examlex

Solved

A Balance-Of-Payments Statement Includes Three Accounts

question 95

Multiple Choice

A balance-of-payments statement includes three accounts. Two of those accounts are the current account and the capital account. What is the third account found on the balance-of-payments statement?


Definitions:

Illusory Correlation

A cognitive bias in which a relationship between two variables is perceived to exist when in fact there is none or it is much weaker than assumed.

Dreams

Mental experiences during sleep, often containing imagery, thoughts, and emotions, which can range from mundane to deeply symbolic.

Future Events

Occurrences or situations that have not yet happened but are anticipated or expected to occur.

Illusory Correlation

An illusory correlation refers to the perceived relationship between two variables when no such relationship exists in reality, often leading to erroneous conclusions.

Related Questions