The difference between the balances of the current and capital accounts of a country's balance of payments caused by errors in recording methods is called a(n) ________

A) round-off error
B) type I error
C) currency crisis
D) statistical discrepancy

D

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A bottle of German wine costs €21 (euros) in Berlin. According to the purchasing power parity

theory, what would the bottle sell for in New York if it costs the New York company $1.25 per bottle to transport the wine to the United States? Assume the exchange rate is $1.32 per euro. A) $40.54 B) $39.50 C) $28.97 D) $27.22

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An example of a bundled product is when a computer software manufacturer charges a single price for the spreadsheet, word processing, and presentation software on the same CD

Indicate whether this statement is true or false.

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