The Example of Don Glenn,a Farmer Using His Computer to Compare

question 211

Multiple Choice

The example of Don Glenn,a farmer using his computer to compare data from the previous year's harvest with satellite photos of his farm to know which crops are flourishing is an example of what?

• A)managers in Canada motivating employees with large pay raises
• B)the benefits of technology
• C)the importance of land as a factor of production
• D)the differences in wage rates between rural and urban dwellers

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Definitions:

English Pound

The currency of the United Kingdom, also known as the pound sterling.

Inflation Rate

The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling.

International Currency Markets

Markets where currencies are traded internationally, crucial for determining foreign exchange rates.

Dollar

The currency unit of the United States, used as a standard monetary unit in international trade.