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The BOP must be in balance, but the current account need not be.
$20 Per Month
A fixed sum of money that is paid or received every month, often used in financial agreements or subscriptions.
Budget Line
A visual depiction of every potential pairing of two items that can be bought within a certain budget at constant prices.
Increase In Income
A rise in the amount of money earned or received by an individual or within an economy over a specific period.
Horizontal Axis
In a graph or chart, the x-axis, which typically represents the independent variable or time period.
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