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Which of the following statements is/are CORRECT?
1) If the intermolecular forces in a liquid decrease,the normal boiling point of the liquid decreases.
2) If the temperature of a liquid increases,the equilibrium vapor pressure increases.
3) If the surface area of a liquid increases,the equilibrium vapor pressure of the liquid increases.
Billion
A numerical value equivalent to 1,000 million, often used to denote a very large quantity or amount in financial and statistical contexts.
Opportunity Costs
The loss of potential gain from other alternatives when one alternative is chosen, representing the benefits one misses out on when making a decision.
Excess Capacity
Excess capacity refers to a situation where a company is operating below its maximum output level, indicating that it can produce more with the current resources if there is higher demand.
Expansionary Fiscal Policy
To fight recessions, the federal government lowers taxes and/or raises spending.
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