Examlex
The given table corresponds to the function .
Open-Economy Macroeconomic Model
A model that analyzes an economy that interacts freely with other economies around the world, focusing on trade and financial flows.
Government Budget Deficit
Represents the financial situation in which a government's expenditures exceed its revenues within a specific period, leading to borrowing or debt accumulation.
Trade Balance
The difference in value between a country's imports and exports over a certain period.
Real Interest Rates
The interest rate adjusted for inflation, reflecting the real cost of borrowing and the real yield to lenders or investors.
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