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Anthony, a retired Army officer, is a professor of sociology at a small state university. During the Vietnam War, he was awarded the Medal of Honor and he usually wears a small ribbon on the lapel of his suit coat denoting this. He also wears his West Point ring from the class of 1965. Using the terminology of dramaturgy, the lapel pin and class ring would be classified as ________.
Capital Stock
The total amount of physical goods and financial assets that are used in the production of goods and services in an economy.
Depreciation
The measure of the reduction in value of an asset over time, often due to wear and tear.
Disposable Income
The amount of capital available for household expenditures and savings once income taxes have been removed.
Inventory
The goods and materials that a business holds for the ultimate goal of resale or repair.
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