Examlex
List four guidelines to consider when constructing a line chart.
a.Use the vertical axis to represent values or quantities; use the horizontal axis to
Budget Deficit
The condition when a government spends more than its income, requiring it to borrow money or accumulate debt to cover the gap.
Trade Deficit
A situation where a country's imports of goods and services exceed its exports, leading to negative balance of trade.
Real Exchange Rate
A measure that adjusts the nominal exchange rate by the relative prices of domestic and foreign goods and services, reflecting the purchasing power of two currencies.
Net Exports
The value of a country's total exports minus its total imports, indicating whether a country is a net exporter or importer.
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