Examlex
If the United States has a current account deficit with England of $1 million,and the Bank of England sells $1 million worth of pounds in the foreign exchange market,then England ________ $1 million of international reserves and its monetary base ________ by $1 million.
Investment
The allocation of resources, usually money, in expectation of generating income or profit.
Interest
The cost of borrowing money, usually represented as a percentage of the principal loan amount.
Loan
An amount of money that is lent to someone, which is expected to be paid back with interest.
Interest
The cost of borrowing money, typically expressed as an annual percentage of the principal amount.
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