The statistical discrepancy that regularly arises in national income accounting refers to the slight difference between

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The statistical discrepancy refers to the difference between the income approach and the expenditure approach to calculating GDP. The income approach calculates GDP by adding up all incomes earned in the economy, while the expenditure approach calculates GDP by adding up all spending in the economy. Due to measurement errors and inaccuracies, the two approaches may not match up perfectly, leading to a statistical discrepancy. Options A, B, and D are not correct as they refer to different concepts and do not explain the statistical discrepancy.

The Statistical Discrepancy That Regularly Arises in National Income Accounting