Examlex
The process of converting future cash flows to what its present value is called:
Chronic Surpluses
Persistent excesses of income or receipts over expenditures in a budget or balance of payments over a period.
Gold Supply
The total amount of gold available in the market, including mined gold, recycled gold, and central bank reserves, which can affect the global price of gold.
International Monetary System
The framework of rules, institutions, and agreements by which countries exchange currencies and settle international financial transactions.
Flexible Exchange Rate
Rate determined in foreign exchange markets by the forces of demand and supply without government intervention.
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