What Is One of the Most Important Benefits of the Internet

question 119

Multiple Choice

What is one of the most important benefits of the Internet?

• A) The Internet has increased asymmetric information.
• B) The Internet has reduced asymmetric information.
• C) The Internet has increased moral hazard.
• D) The Internet has increased transaction costs.

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Definitions:

Virtual Reality

A computer-generated simulation of a three-dimensional environment that can be interacted with in a seemingly real or physical way through the use of special electronic equipment.

Microprocessor

The CPU, made up of millions of transistors embedded in a circuit on a silicon wafer or chip.

Control Unit

Portion of the CPU that controls the flow of information.

ALU

The Arithmetic Logic Unit, a component of the central processing unit (CPU) in computers that performs arithmetic and logic operations.