Goods That Have Been Produced but Not Yet Sold Are

question 139

Multiple Choice

Goods that have been produced but not yet sold are referred to as

• A)understocks.
• B)inventories.
• C)pre-sold goods.
• D)capital goods.

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Definitions:

Arms-Reduction Negotiations

Diplomatic talks between nations aimed at reducing the number of weapons, especially nuclear arms, to ensure greater global stability and safety.

Glasnost

A policy introduced by Soviet leader Mikhail Gorbachev in the 1980s promoting openness and transparency in government institutions and activities.

Open Government

A governing doctrine which holds that citizens have the right to access the documents and proceedings of the government to allow for effective public oversight.

Freer Expression

The concept of allowing more open and less restricted forms of expression in various forms of art, speech, and media.