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HW#4 Use the following information to answer the questions below. NUT 250 Exports 500 Net increase in foreign ownership of U.S.based gpgggg assets 400 Net increase in U.S. government's foreign assets 30 Net increase in U.S. private assets 250 Investment income received in the US. 200 Net increase in U.S. ownership of official reserve assets 20 Imports 600 Net increase in foreign ownership of U.S. reserve assets 100 Investment income paid abroad by the U.S. 300 a. What is the current account balance? b. Does the financial account equal the current account? c. What is the statistical discrepancy