Examlex
A CD drive is a storage device that uses laser technology to read data permanently stored on computer or audio CDs.
Equilibrium Price
The price at which quantity demand is equal to quantity supplied.
Inflation
The rate at which the general level of prices for goods and services rises, eroding purchasing power over time.
High Interest Rates
A condition in the financial market where the cost of borrowing money is elevated, usually due to high inflation, increased demand for credit, or tight monetary policy.
Capital Item
Long-term assets or investments used in the production of goods and services, such as buildings, machinery, and equipment.
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