The Balance of Payments Account Which Records Foreign Investment in the United

question 307

Multiple Choice

The balance of payments account which records foreign investment in the United States and U.S. investments abroad is the

• A) capital and financial account.
• B) current account.
• C) official settlements account.
• D) None of the above because foreign investment in the United States is included in one account and U.S. investment abroad is included in another account.

---

Definitions:

Tips

Voluntary payments given for services rendered, often in the hospitality industry, or advice and suggestions offered to help or inform.

Skewed Distribution

A representation of data that is not symmetric and where one tail of the distribution is longer or fatter than the other.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much the values in a data set differ from the mean.

Dinner Cost

The total expense associated with a evening meal, including food, beverages, taxes, and tips.