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Consider a Situation in Which an Airline Cancels Its Flight,leaving

question 91

Multiple Choice

Consider a situation in which an airline cancels its flight,leaving the customers stranded.This is an example of ______.


Definitions:

Interest Rate

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan remaining unpaid.

Lender

An individual, a financial institution, or an entity that provides funds to another with the expectation that the funds will be repaid with interest.

Economic Resource

An asset, commodity, or service that can be used to produce goods and services and thereby contribute to an economy's output.

Free Resource

A resource that is abundantly available and not limited by price mechanisms or ownership, making it freely accessible to all.

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