Examlex
Classify the statement as an example of classical probability, empirical probability, or subjective probability. Itis known that the probability of hitting a pothole while driving on a certain road is 1%.
Net Capital Outflow
The investment gap where residents of a country engage in foreign asset acquisition versus foreign entities buying up local assets.
Net Exports
The value of a country's total exports minus its total imports, representing the balance of trade between a country and its trading partners.
Saving
The portion of income not spent on consumption, often put aside for future use or investment.
Net Capital Outflow
The financial divide between home nationals acquiring assets abroad and foreigners acquiring assets in the home country.
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