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-The Above Gives Some of the Balance of Payments Accounts

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  -The above gives some of the balance of payments accounts of the United States in 2020. a)What is the current account balance? b)What is the capital account balance? c)What is the official settlements account balance?
-The above gives some of the balance of payments accounts of the United States in 2020.
a)What is the current account balance?
b)What is the capital account balance?
c)What is the official settlements account balance?

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Definitions:

Direct Labor Cost

The total cost of all labor directly involved in the production of a product or service.

Weighted-Average Method

An inventory costing method that calculates the cost of goods sold and ending inventory based on the weighted average of all units available for sale.

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