An Object Acts as a General Template and a Class

question 99

True/False

An object acts as a general template and a class is a specific item generated based on the object template.

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Definitions:

U.S. Dollars

The official currency of the United States, used as a standard monetary unit for global transactions.

Trade Deficit

A situation where a country's imports exceed its exports, leading to more money leaving the country for buying foreign goods than is entering from selling domestic goods.

Current Account Surplus

A scenario in which the total goods, services, and transfers a country exports are greater than what it imports.