Moore's Law Refers to the Prediction That the Cost of Computing

question 104

True/False

Moore's law refers to the prediction that the cost of computing will drop by 50 percent every 2 years as computer- processing power doubles.

---

Definitions:

Upper-middle-income Economies

Nations with a gross national income per capita above a certain threshold set by the World Bank, but below that of high-income economies.

Command Economies

In these economic frameworks, the central authority or government is responsible for making choices about the creation and allocation of goods and services.

Upper-middle-income

A classification of socio-economic status used to describe individuals or families with income levels between the middle class and the affluent.

Industrially Advanced Countries

Nations with highly developed economies, significant industrial output, and advanced technological infrastructure.