Estimate of capital and financial account balance

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Reference no: EM131865599

Suppose a country have the following macroeconomic data. Based on the information provided in the table, what is the best estimate of Capital and Financial Account Balance.

Private savings 600

Private Investments 500

Government Reveneues 700

Government Expenditure 750

Net statistical discrepancy 10

Net changes in reserves +20

A. 40 bn Surplus

B. 20 bn deficit

C. 40 bn deficit

D. 50 bn deficit

Reference no: EM131865599

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