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It is estimated that approximately __________% of residential central air conditioning systems are oversized, about __________% are improperly charged with refrigerant and that approximately __________% of residential systems have inadequate airflow.
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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