Technology Is

question 84

Multiple Choice

Technology is

• A)anything that will enable a given amount of capital and labor to produce more output.
• B)another name for capital.
• C)another name for productivity.
• D)any type of invention.
• E)the application of science to production.

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Definitions:

Liable

Legally responsible or obligated.

Promissory Note

A written and legally binding promise to pay a specific sum of money to a designated party at a specified time or on demand.

Endorsed

The act of signing one's name on the back of a document, typically a financial instrument, indicating approval or transfer of rights.

Negotiable Instrument

A written document guaranteeing the payment of a specific amount of money either on demand or at a set time, with the payee’s name mentioned on it.