Statistical discrepancy,which,by definition,represents errors and omissions,
A)cannot be calculated directly.
B)is calculated by taking into account the balance-of-payments identity.
C)probably has some elements that are honest mistakes,it can't all be money laundering and drugs.
D)all of the options

Question

Quizplus · Accepted Answer

The statistical discrepancy represents errors and omissions in the balance of payments accounting. It is calculated by taking into account the balance-of-payments identity, and cannot be calculated directly. It probably has some elements that are honest mistakes, as it is unlikely that all discrepancies are due to illegal activities such as money laundering and drugs.

Statistical Discrepancy,which,by Definition,represents Errors and Omissions