Int *P1; Declares a Static Variable

question 36

True/False

int *p1; declares a static variable.

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Definitions:

Surplus

A situation where the quantity of a good or service supplied exceeds the quantity demanded at the current price, often leading to downward pressure on prices.

Loanable Funds

Loanable funds refer to the money available for borrowing in the financial markets, composed of savings from households and businesses plus any government surplus.

Interest Rate

The percentage at which interest is charged or paid on borrowed or saved money, often expressed as an annual percentage rate.

Supplied

The quantity of a good or service that producers are willing and able to sell at a given price.