What would be the statistical discrepancy for a current account balance of -$85 billion and a capital account balance of $80 billion?

Question

Quizplus · Accepted Answer

The statistical discrepancy is the difference between the overall balance of payments and the sum of the current and capital accounts. In this case, the overall balance of payments would be equal to -$85 billion + $80 billion = -$5 billion. Therefore, the statistical discrepancy would be the difference between this and the overall balance of payments, which is equal to $5 billion. Hence, the correct answer is C.

What Would Be the Statistical Discrepancy for a Current Account