The process by which new ideas spread from the original company to other businesses in the economy is called
A. innovative revolution.
B. patent dispersion.
C. technological diffusion.
D. Moore's process.
Answer: C
You might also like to view...
If the Fed is concerned about inflation, its actions ________ long-term interest rates so that investment ________ and net exports ________
A) lower; increases; decrease B) raise; decreases; decrease C) lower; increases; increase D) raise; increases; increase E) lower; decreases; decrease
In a country with floating exchange rates, the increase in the real income is the result of a(n) ________ in the money stock when capital mobility is ________
A) increase; high or low B) decrease; high or low C) increase; high D) decrease; low
Which of the following is not an example of a country's infrastructure?
a. Educational system b. Political system c. Communications system d. Transportation system
Suppose that the price of chicken rises sharply compared to the price of turkey. In response, consumers buy more turkey and less chicken than they did in the CPI base year. In this situation the CPI will tend to ________ inflation as a result of ________ bias.
A. overstate; quality adjustment B. accurately measure; substitution C. overstate; substitution D. understate; substitution