In the U.S. balance-of-payments accounts, the statistical discrepancy
A)equals the capital account balance minus the current account balance.
B)equals the current account balance minus the capital account balance.
C)probably reflects hidden capital flows.
D)must equal zero.

Question

Quizplus · Accepted Answer

The statistical discrepancy in the U.S. balance-of-payments accounts likely reflects hidden capital flows, errors, or omissions in the reported data, rather than a precise mathematical relationship between the current and capital accounts.

In the U.S. Balance-Of-Payments Accounts, the Statistical Discrepancy