What Sparked the Development of Improved Computer Technology in the 1960s

question 108

Multiple Choice

What sparked the development of improved computer technology in the 1960s?

• A) the space program
• B) the automobile industry
• C) the telephone industry
• D) the development of video games
• E) news broadcasting

Calculate bid-ask spreads and market maker profits under various transaction scenarios.

Understand the implications of transaction costs on market making and trading.

Assess the effects of technological advancements on financial markets and trading.

Analyze the role of competition among market makers on bid-ask spreads and market liquidity.

---

Definitions:

Fertilization

The fusion of male and female gametes (sperm and ovum) to form a zygote, a process that initiates embryonic development.

Oviducts

Tubular structures in female vertebrates through which eggs pass from the ovaries to the outside of the body or to an egg receptacle.

Ovum

The female reproductive cell or egg cell in animals and plants.

Fimbriae

Fringe-like projections at the end of the fallopian tubes near the ovaries, involved in guiding the egg into the tube.