Current Account Value Exports of goods 107,941 Exports of services 44,133 Primary income 36,063 receipts Imports of goods 132,484 Import of services 29,443 Primary income

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter16: Information, Risk, And Insurance
Section: Chapter Questions
Problem 15RQ: How can deductibles, copayments, and coinsurance reduce moral hazard?
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Current Account
Value
Exports of goods
107,941
Exports of services
44,133
Primary income
receipts
36,063
Imports of goods
132,484
Import of services
29,443
Primary income
payments
29,750
Net unilateral
-8,349
transfers
Capital account
-63
Net acquisition of
20,972
financial assets
Net incurrence of
54,471
liabilities
Financial
derivatives
Statistical
discrepancy
Based on the table above, the statistical discrepancy is
-21.,609
21,546
O 21,609
O-21,546
Transcribed Image Text:Current Account Value Exports of goods 107,941 Exports of services 44,133 Primary income receipts 36,063 Imports of goods 132,484 Import of services 29,443 Primary income payments 29,750 Net unilateral -8,349 transfers Capital account -63 Net acquisition of 20,972 financial assets Net incurrence of 54,471 liabilities Financial derivatives Statistical discrepancy Based on the table above, the statistical discrepancy is -21.,609 21,546 O 21,609 O-21,546
Expert Solution
Step 1

The statistical discrepancy is the amount by the sum of the capital, current and financial account is away from zero, with the sign reversed. 

For example: If the sum of capital, current and financial account is 100, then the statistical discrepancy will be -100.

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