In His Small Business, Adrian Wants to Use His Laptop

question 928

Multiple Choice

In his small business, Adrian wants to use his laptop to place and receive phone calls.What type of service should he use?

• A) Voice and video service (VVS)
• B) Audio Internet service provider (AISP)
• C) Voice-to-Text (VTT)
• D) Voice over Internet Protocol (VoIP)

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Definitions:

Inflation

The pace of escalation in the overall price environment for goods and services, lessening the ability to procure.

Real Exchange Rate

A measure of the value of one country's currency compared to another's, adjusted for inflation, reflecting the purchasing power of the currencies for goods and services.

Net Exports

The difference between a country's total value of exports and its total value of imports, indicating whether it has a trade surplus or deficit.

Purchasing-power Parity

A theory in economics that states that exchange rates between currencies are in equilibrium when their purchasing power is the same in each of the two countries.