Examlex
There are two types of behavior patterns, Type A and Type
B.
Interest Rate
The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan.
Exchange Rate
The equivalent value of one currency in another currency.
Open-Economy Macroeconomic Model
A model that analyzes an economy that is engaged in international trade, focusing on the interactions with the rest of the world.
Trade Balance
The difference in value between a country's imports and exports over a given period.
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