Which of the Following Is NOT Considered a Payment in the Balance

question 70

Multiple Choice

Which of the following is NOT considered a payment in the balance of payments?

• A) capital outflows
• B) U.S. foreign aid to other countries
• C) imports of goods
• D) exports of services

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Definitions:

Unattended Information

Information that is present in the environment but is not the focus of one's attention and hence is processed minimally or not at all.

Sensory Memory

The shortest-term element of memory, which allows retention of impressions of sensory information after the original stimuli have ended.

Primacy and Recency Effects

Psychological terms describing the tendency to remember information that appears at the beginning (primacy) and end (recency) of a list better than information in the middle.

Memory

The cognitive process of encoding, storing, and retrieving information.