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Which of the following is True of an ordinal scale?
Interest Rates
The rate at which a borrower is charged interest for borrowing money from a lender.
Federal Budget Deficits
The financial situation where the U.S. government's expenditures exceed its revenue in a given fiscal year.
Trade Deficits
Trade deficits occur when a country imports more goods and services than it exports, resulting in a net outflow of domestic currency to foreign markets.
Interest Rates
The cost of borrowing money, typically expressed as a percentage of the amount borrowed, charged by lenders to borrowers.
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