Examlex
Which of the following statements about a price system is true? I. Prices ration goods and services.
II) Prices indicate relative scarcity.
Inventory Investment
The net change in physical inventory levels for businesses over a certain period, indicating how much companies are spending to stock goods.
Inventory
The complete quantity of products and materials kept in inventory by a company, meant for sale or to be used in manufacturing.
Interest Rate
The piece of a loan that accumulates interest for the borrower, often specified as a yearly percentage of the loan's existing outstanding balance.
Marginal Efficiency
Marginal efficiency refers to the rate of return or profit expected from an additional unit of investment.
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