Jack, a Sixty-Year-Old Man, Is an Avid Reader

question 141

Multiple Choice

Jack, a sixty-year-old man, is an avid reader. He recently found out the online facility of downloading books. He is happy to have so many options to choose from and to have such easy access to e-books. He downloads books from many websites, and he does not mind using unverified websites for downloading them. In this scenario, Jack is most likely to be vulnerable to _____.

• A) firewalls
• B) malware
• C) cybermediaries
• D) cloud computing

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Definitions:

Wage-Price Flexibility

The ability of wages and prices to adjust freely in response to changes in supply and demand in the labor and goods markets.

Say's Law

An economic theory that proposes supply creates its own demand, suggesting that producing goods and services will in turn generate sufficient demand for those goods and services.

Paradox Of Thrift

An economic theory suggesting that personal savings can be detrimental to overall economic growth if everyone saves more and spends less, leading to decreased aggregate demand.

American Economy

The economic system of the United States, characterized by a mixed economy that supports free market activities.