The Key Feature of the "Second Economy" That Economist Brian

question 23

True/False

The key feature of the "second economy" that economist Brian Arthur describes is that human decision makers have been replaced by machines.

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Definitions:

Cash Dividends

Distributions of earnings paid to shareholders in the form of cash.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Capital Expenditures

Funds used by a company to acquire or upgrade physical assets such as property, industrial buildings, or equipment to improve its long-term performance and efficiency.

Cash Dividends

Profits paid by a corporation to its shareholders in the form of cash.