The ________ Computer Introduced in 1975 Had No Keyboard or Monitor

question 37

Short Answer

The ________ computer introduced in 1975 had no keyboard or monitor and used switches on the front to enter data and lights on the front to display results.

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Definitions:

Recessionary Gap

A situation where the real Gross Domestic Product (GDP) is lower than the potential GDP, indicating underperformance in an economy.

Short-Run Aggregate Supply

The total production of goods and services available in an economy at different price levels in the short term, often influenced by temporary factors.

Expansionary Gap

A situation in macroeconomics when the output of an economy exceeds the potential output level, typically leading to inflationary pressures.

Recessionary Gap

A situation where the real GDP is lower than the potential GDP at full employment, indicating underutilized resources in an economy.