All but One of the Following Are Advantages of Using

question 38

Multiple Choice

All but one of the following are advantages of using one large computer system to serve an entire university community:

• A) short turnaround time.
• B) large memory.
• C) economics of scale in services.
• D) short wait in queue.

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Definitions:

Identity

The distinct characteristics, personality, or qualities that make an individual or group unique.

Quantity Theory of Money

A theory that relates the money supply to the price level and the rate of economic growth.

Money Supply

The sum of all financial assets, encompassing cash and deposits in banks, present within an economy at a given moment.

Price Level

An indicator that measures the typical prices for a comprehensive selection of goods and services within the economy.