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Charles Mott Works for a Company Called VeriSign That Acts

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Charles Mott works for a company called VeriSign that acts a trusted third party to verify information. One of Charles' largest clients is CheckMd, which holds and authenticates customer reviews of doctors and dentists online and having a third party validating the reviews is critical to CheckMd's success. What type of authentication technique is VeriSign providing for CheckMD?


Definitions:

Nominal Wages

The amount of money paid to an employee before adjustments for inflation; the face value of wages.

Real Wage

The purchasing power of wages, taking into account the effect of inflation on purchasing power.

Nominal Wage

The wage paid to employees in current dollars without adjustment for inflation, reflecting the actual amount of money received.

General Price Level

An index that shows the average price of goods and services across the economy over a period of time.

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