Which of the Following Is Not True of the Statistical

question 152

Multiple Choice

Which of the following is not true of the statistical discrepancy in the balance of payments?

• A)It is residual.
• B)It is a measure of net error in the balance of payments data.
• C)It is necessary because some transactions go unreported.
• D)An excess of credits in all other accounts must be offset by equivalent debits in the statistical discrepancy account.
• E)A difference between credits and debits is taken care of by changes in the official reserve transaction account.

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