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Describe how inflation can be costly even if it is anticipated.
Equilibrium
A state in which the rates of the forward and reverse reactions are equal, leading to no net change in the concentration of reactants and products over time.
Iodoform Test
A chemical test for the presence of methyl ketones or secondary alcohols that can be oxidized to methyl ketones, indicated by the formation of a yellow precipitate.
4-heptanone
A seven-carbon ketone with the ketone group positioned on the fourth carbon of the chain, often used as a solvent or in organic synthesis.
Cyclohexanone
A six-carbon cyclic ketone with the molecular formula C6H10O, characterized by a ring structure with a ketone functional group.
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