For Ready Access by Its Processor, Where Does the Computer

question 31

Multiple Choice

For ready access by its processor, where does the computer hold information such as the operating system, application programs, and data?

• A) In its archive
• B) In ROM
• C) In RAM
• D) On the hard disk

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Definitions:

Inflation

The pace at which prices for goods and services across the board go up, diminishing the value of money.

Required Rate

The minimum return an investor expects to achieve on an investment, considering its risk level and the opportunity cost of forgoing other investments.

Marginal Cost

Marginal cost refers to the increase or decrease in the total cost of producing one more unit of a good or service.

After-Tax Cost

The actual cost of an investment or loan after accounting for taxation, representing the net expense to the investor or borrower.