Examlex
A balance of payments deficit is associated with a ________ of international reserves,while a balance of payments surplus is associated with a ________.
Input Proportions
The ratio of one type of input to another type of input used in the production of goods or services.
Market Price
The current price at which a good or service can be bought or sold in a competitive marketplace.
Production Increase
An uptick in the quantity of goods and services produced within a given time frame.
Marginal Product
The additional output gained from employing one more unit of a particular input while keeping other inputs constant.
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