The balance of trade, which is the difference between a country's exports and imports, can be considered a coincident or leading indicator, depending on the context and timing.
A primary key is a field (or a combination of fields) in a database table that uniquely identifies each row in that table. It must contain unique values and cannot contain null values.
Higher interest rates increase the cost of borrowing, which discourages individuals and businesses from taking out loans for consumption and investment. This can lead to reduced spending and investment, slowing down economic activity and affecting the business cycle.
In a many-to-many relationship, multiple records in one table can be associated with multiple records in another table. Here, multiple parts can be used in multiple vehicles, and each vehicle can have multiple parts.
The Consumer Price Index measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. It is an indicator of inflation and the cost of living.
A database is a systematic collection of data that allows for efficient storage, retrieval, and management of data.
As inflation rises, the fixed interest payments of existing bonds lose value in real terms, making these bonds less appealing to investors. Consequently, the prices of these bonds fall to offer a higher yield to attract buyers.
