Examlex
When examining the firms in a horizontal strategic network, it is easy to identify the strategic center firm because it outsources and partners with more firms than any of the other network partners.
Interest Rate
The amount charged, expressed as a percentage of the principal, by a lender to a borrower for the use of assets.
Crowding Out
An economic situation where private investment decreases due to an increase in government borrowing and spending.
Household Spending
This refers to the total amount of money spent by households in an economy on goods and services over a particular period of time.
Net Exports
The value of a country's total exports minus its total imports, a crucial component of the gross domestic product.
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