Technological Change, Such as the Information Technology Revolution of the 1990s

question 143

Multiple Choice

Technological change, such as the information technology revolution of the 1990s can shift the aggregate supply curve outward.If, at the same time, the government is decreasing spending, the most likely outcome of these two factors is a(n)

• A)increase in the price level.
• B)decrease in the price level.
• C)increase in real GDP.
• D)decrease in real GDP.

Understand the importance of operational definitions in research methodology.

Explain the concept and importance of blind and double-blind studies.

Distinguish between different experimental designs and their applications.

Identify and explain the purpose and types of measurement scales in research.

---

Definitions:

Wikis

Collaborative websites that allow users to create, edit, and share content, facilitating collective knowledge building.

Disseminate Information

The act of spreading information widely; circulation of knowledge among a large number of people.

Adjustment Message

Communication that addresses and seeks to rectify a mistake, misunderstanding, or customer complaint, aiming to maintain goodwill.

Regain Confidence

The process of rebuilding trust and assurance in one's abilities or in a relationship after it has been lost or damaged.