Which of the Following Terms Is Used to Signify the Fact

question 95

Multiple Choice

Which of the following terms is used to signify the fact that humans now live in a world dominated by mass media?

• A) the Internet era
• B) the global village
• C) the electronic connection
• D) the World Wide Web

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Definitions:

Production Possibilities

A curve or frontier that shows the various combinations of different goods that an economy can produce, given its technology and resources.

Absolute Value

The distance of a number from zero on the number line, disregarding any sign it might have, making it always a non-negative value.

Budget Line

A visual depiction of every potential mix of two products that a consumer can purchase, considering their income and the cost of these items.

Linear Relationship

A direct relationship between two variables that can be represented by a straight line on a graph.