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In Macroeconomics, a balance of payments or balance of trade deficit is where the total imports (M) received by an economy exceed that of exports (X). The balance of payments is a component of aggregate d...

This is one of the main difficulties I found when studying for my A Level English Literature exam, so I really understand any confusion about how to go about answering these types of questions.Demonstrati...

One assumption of the behaviourist approach is that we are born as a blank slate (known as tabula rasa) and we learn everything from the environment. This assumptions believes that all humans, male and fe...

A panel interview probably is how you imagine a stereotypical interview to be. You stay in one room and stay talking to the same person/people for approximately 20 minutes (this could be a different time,...

Philips Curve shows the inverse relationship between inflation and unemployment. So as unemployment decreases inflation rises.

This is because when unemployment is low, firms have to increase wage...