Examlex
Which of the following best describes top-down design?
Trade Deficit
A situation in which a country's imports of goods and services exceed its exports, indicating an outflow of domestic currency to foreign markets.
National Saving
The total amount of savings in a country, consisting of both private savings by households and public savings by the government.
Government Budget Deficit
The financial situation where a government's expenditures exceed its revenues, leading to borrowing or debt accumulation.
Exchange Rate
The exchange rate of one currency to another.
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