Examlex
The following reaction is used to produce chromium metal at high temperature.
Cr2O3(s)+ 2Al(s) 2Cr(l)+ Al2O3(s)
Which element is oxidized and which is reduced?
Money Demand Curve
A graphical representation showing the relationship between the quantity of money people want to hold and the interest rate.
Fed
The central banking system in the United States, known as the Federal Reserve System, is tasked with overseeing monetary policy.
Government Bonds
Securities issued by a government to raise funds from the public, promising to pay back with interest at a future date.
Excess Supply
A situation where the quantity of a good or service that is available surpasses the quantity demanded at a current price, often leading to a price decrease.
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