If Technological Breakthroughs in the Computer and Software Industries Cause

question 1

Multiple Choice

If technological breakthroughs in the computer and software industries cause large numbers of firms to consider investment projects they hadn't previously thought of,

• A) the supply of loanable funds will shift rightward.
• B) the supply of loanable funds will shift leftward.
• C) the demand for loanable funds will shift rightward.
• D) the demand for loanable funds will shift leftward.
• E) an excess demand for loanable funds emerges and persists.

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Definitions:

Ethnocentrism

The tendency to consider one’s culture superior to others.

Cultures

The shared values, traditions, norms, customs, arts, history, folklore, and institutions of a group of people.

Communication

The process of transferring information, ideas, and feelings between individuals or groups, through various methods and channels.

360-Degree Feedback

A feedback process where an employee receives confidential, anonymous feedback from the people working around them.