The First Transistor Was Constructed

question 49

Multiple Choice

The first transistor was constructed

• A) in 1947 at Bell Laboratories.
• B) in 1941 at IBM.
• C) in 1969 at Texas Instruments.
• D) in 1934 in Switzerland.

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Definitions:

Real Exchange Rate

The exchange rate between two currencies adjusted for their respective countries' price levels, reflecting the purchasing power of one currency in terms of another.

Potential GDP

The maximum total level of output an economy can produce without increasing inflation in the long term.

Money Demand Curve

A graphical representation showing the relationship between the quantity of money people want to hold and the interest rate, at a given point in time.

Real GDP

Real GDP, or Real Gross Domestic Product, measures an economy's total output adjusted for inflation, providing a more accurate picture of an economy's size and growth.