Examlex
Which of the following is the supply and demand for loanable funds equation in an open economy?
Budget Deficit
When federal tax receipts are less than federal government spending.
Trade Deficit
A situation where the value of a country's imports exceeds the value of its exports.
Gold Standard
A monetary system in which the value of a country's currency is directly linked to a certain amount of gold, ensuring that the currency has a stable value.
International Finance
The study of financial systems, currencies, and markets, and how they operate in the global context.
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