It Is Argued That High- Tech Industries Typically Generate New

question 30

Multiple Choice

It is argued that high- tech industries typically generate new technologies but cannot fully appropriate the commercial benefits associated with their inventions or discoveries.If this is TRUE,then in order to maximize a country's real income,the government should

• A)protect the high- tech firms.
• B)subsidize the high- tech firms.
• C)tax the high- tech firms.
• D)discourage high- tech investments.
• E)outsource high- tech production.

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Definitions:

Correct Rejection

In signal detection theory, the decision to correctly identify the absence of a signal or stimulus.

Miss

To fail to hit, reach, catch, or otherwise make contact with something; can also refer to feeling sadness from the absence or loss of someone or something.

False Alarm

An error in which a warning or alert is given, but no actual threat or danger exists.

Noise Hit

In signal detection theory, an instance where a non-target stimulus is incorrectly detected as a target signal.