What is the best estimate of capital and financial account


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

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What is the best estimate of capital and financial account
Reference No:- TGS02661097

Expected delivery within 24 Hours