How has the development of the microchip and information technology contributed to increased productivity?
Please provide the best answer for the statement.
There are two main domestic reasons for the increase in productivity. First, many advocates of continuance of the recent increase in trend rate productivity cite the microchip and the growth of information technology as a key factor in the boom of productivity. They have led to the production of the pocket calculator, personal computer, laptop, cell phone, digital camera, and many other technologies. Moreover, the boom in these technologies has encouraged the push to link these technologies together.
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Missy recently rearranged her portfolio so that it has a higher average return. As a result of this rearranging, Missy
a. raised both firm-specific risk and market risk. b. raised firm-specific risk, but not market risk. c. raised market risk, but not firm-specific risk. d. None of the above is correct.
Which of the following models is best able to incorporate significant amounts of data?
A. Traditional B. Butterfly effect C. Regression D. Heuristic
You own a car dealership and pay all of your sales people a flat salary. As a result, they don't work very hard to generate sales. This is an example of
A. logrolling. B. moral hazard. C. adverse selection. D. an externality.
Figure 1-1
The slope of the line in Figure 1-1 is
A. 0.5. B. 2.0. C. ?0.5. D. ?2.0.