Examlex
Which bank includes main goals of promoting exchange rate stability and assisting in establishing a multilateral system of panyments?
Government Deficit
Occurs when a government spends more money than it receives in revenue over a specific period, leading to borrowing or currency issuance.
Closed Economy
An economic system that doesn't engage in international trade, relying solely on its own resources and internal market for growth and development.
National Saving
The total amount of savings generated within a country from both the private and public sectors.
Private Saving
The portion of individuals' or households' income that is not consumed or spent on taxes and is instead saved for future use.
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