What Would Be the Statistical Discrepancy for a Current Account

question 23

Multiple Choice

What would be the statistical discrepancy for a current account balance of -$85 billion and a capital account balance of $80 billion?

• A)-$165 billion
• B)-$5 billion
• C)$5 billion
• D)$165 billion
• E)$0

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Definitions:

Rawls

References John Rawls's principle of justice that emphasizes equal basic liberties, equality of opportunity, and addressing the disadvantages through redistributive policies.

Difference Principle

A concept in political philosophy suggesting that social and economic inequalities should be arranged so that they are to the greatest benefit of the least advantaged members of society.

Inequalities

Instances of disparity or unfairness in treatment, opportunities, or resources among individuals or groups.

New Jobs

Employment positions that arise due to technological advancements, economic shifts, or societal changes.