Write True or False to the Statements Below

question 72

True/False

Write True or False to the statements below.If the statement is false, rewrite the underlined word or phrase to make the statement true.
-The Köppen system is a classification system for hurricanes.

---

Definitions:

Capital Equipment

Long-term assets a business uses in the production of goods and services, such as machinery, buildings, and vehicles.

Equilibrium Wages

The salary level where the amount of work offered matches the amount of work sought in the employment market.

Recession

A period of temporary economic decline during which trade and industrial activity are reduced, usually identified by a fall in GDP in two successive quarters.

Opportunity Cost

The price paid for not selecting the next most favorable choice during a decision-making process.