The stock of unused goods held by a firm is called a(n):

a. depreciation.
b. supplement.
c. deadweight loss.
d. excess capacity.
e. inventory.

e

Economics

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Suppose Fiona earns an annual income of $70,000 . If the rate of growth of her income remains constant at 15 percent, she is most likely to earn _____ per year after 2 years

a. $78,987 b. $25,000 c. $10,000 d. $92,575

Economics

Prices tend to increase when there is a situation of shortage in a market

a. True b. False Indicate whether the statement is true or false

Economics