Exploring Economics
Exploring Economics
8th Edition
ISBN: 9781544336329
Author: Robert L. Sexton
Publisher: SAGE Publications, Inc
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Chapter 29, Problem 7P
To determine

To evaluate:

The statement which states that statistical discrepancy is equal to zero when the balance of payment is equals to $200million.

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Explain very briefly about elasticity approach , national income approach , absorption approach , and monetary approach in balance of payments and specially current account balance.
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