Which of the following is recorded in the U.S. balance of payments account?
I. foreign investment in the United States
II. U.S. investment abroad
III. the U.S. government deficit or surplus
A) III only
B) I and II
C) I and III
D) I, II and III

Question

Quizplus · Accepted Answer

I. Foreign investment in the United States and II. U.S. investment abroad are recorded in the U.S. balance of payments account. The U.S. government deficit or surplus is not directly recorded in the balance of payments; it impacts the fiscal policy and indirectly affects the balance of payments through its influence on the economy.

Which of the Following Is Recorded in the U