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In a study that focused on taxi drivers in London, England, who must learn the names and locations of tens of thousands of streets in order to earn their licenses, the experienced cabbies exhibited superior memory for street information with the parts of their brains responsible for processing this learning being
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).
Budget Deficit
The condition when a government spends more than its income, requiring it to borrow money or accumulate debt to cover the gap.
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