The Established Code, in Which a Letter Is Represented by One

question 60

Multiple Choice

The established code, in which a letter is represented by one byte is known as the ________.

• A) ASCII code
• B) Binary
• C) Base 2
• D) Unicode

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Definitions:

Milton Friedman

A prominent American economist known for his strong belief in free-market capitalism and for being a leading proponent of monetarism in economic policy.

Monetarist

An economic theory that emphasizes the role of governments in controlling the amount of money in circulation as the primary method for ensuring economic stability and growth.

Money Supply

The total amount of money available in an economy, including cash, coins, and balances held in checking and savings accounts.

Classical Economists

Economists from the late 18th and early 19th centuries who focused on the role of free markets in promoting economic growth and wealth distribution.