Which of the following is a national account that records transactions involving the purchase or sale of assets?
A) Current account
B) Merchandise account
C) Service account
D) Capital account

Question

Quizplus · Accepted Answer

The capital account is a national account that records transactions involving the purchase or sale of assets, such as land, buildings, and equipment. The current account records transactions involving the trade of goods and services, while the merchandise account only records the trade of goods. The service account records transactions involving the trade of services.

Which of the Following Is a National Account That Records