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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?
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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