Examlex
At its most elementary level, reinforcement theory suggests that behavior is a function of its ____________________.
Open-Economy Macroeconomic
A branch of economics that studies how economies interact with other countries' economies in terms of trade, investment, and finance.
Net Exports
The value of a country's total exports minus its total imports, representing the net trade balance of goods and services.
Interest Rates
The share of a loan levied as interest on the borrower, typically indicated as an annual percentage of the unpaid loan amount.
Twin Deficits
Refers to the situation where a country is running both a fiscal deficit (government spending exceeds revenue) and a current account deficit (imports exceed exports).
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