Answered step by step
Verified Expert Solution
Question
1 Approved Answer
32. Assume the following BOP accounts were recorded: BOP accounts Value (in million dollars) Current account -3,500 Capital account 75 Financial account -6,500 Overall BC
32.
Assume the following BOP accounts were recorded: BOP accounts Value (in million dollars) Current account -3,500 Capital account 75 Financial account -6,500 Overall BC position 6,825 What is the exact value of the statistical discrepancy that balances the BOP accounts? Note: Assume that these values were recorded according to the BSP's convention (where the overall Financial Account Balance is defined as Net Acquisition of Financial Assets less Net Incurrence of Liabilities) which differs from the convention used by Samuelson and Nordhaus (2011). Select one: a. - 6,825 b. 3.750 C. - 3.750 d. 3.800 e. 4,000 Assume the following BOP accounts were recorded: BOP accounts Value (in million dollars) Current account -3,500 Capital account 75 Financial account -6,500 Overall BC position 6,825 What is the exact value of the statistical discrepancy that balances the BOP accounts? Note: Assume that these values were recorded according to the BSP's convention (where the overall Financial Account Balance is defined as Net Acquisition of Financial Assets less Net Incurrence of Liabilities) which differs from the convention used by Samuelson and Nordhaus (2011). Select one: a. - 6,825 b. 3.750 C. - 3.750 d. 3.800 e. 4,000Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started