Which of the Following Would Be Included in the Capital

question 29

Multiple Choice

Which of the following would be included in the capital account section of the balance of payments?

• A)​government bond purchases by people in other countries
• B)​net investment income
• C)​imports and exports of goods
• D)​imports and exports of services

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Definitions:

Point Estimate

A single value (or point) estimate to summarize a likely value for a population parameter based on sample data.

Unknown Parameter

A quantity in a statistical model that needs to be estimated from the data because its value is not known a priori.

P-Value

The probability that the observed data (or a more extreme) would occur if the null hypothesis were true, used to determine the statistical significance of the observed effect.

Type I Error

A statistical error occurring when a true null hypothesis is incorrectly rejected.