Examlex
What are the two goals that can be in conflict, leading to the time consistency problem for monetary policymakers?
Deficit
The amount by which expenses or costs exceed income or revenues, commonly associated with governmental budgeting.
Current Account
A component of a country's balance of payments that measures the trade in goods and services, net income from abroad, and net current transfers.
Deficit
The amount by which expenses exceed income or costs outstrip revenues, typically referring to governmental budgeting.
British Importer
A company or individual in the UK that buys goods from foreign countries to sell in the domestic market.
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