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Use the following information to answer the questions below.
NUT 250
Exports 500
Net increase in foreign ownership of U.S.based nonreserve assets 400
Net increase in U.S. government's foreign assets 30
Net increase in U.S. private assets 250
Investment income received in the U.S. 200
Net increase in U.S. ownership of official reserve assets 20
Imports 600
Net increase in foreign ownership of U.S. reserve assets 100
Investment income paid abroad by the U.S. 300
a. What is the current account balance?
b. Does the financial account equal the current account?
c. What is the statistical discrepancy?
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