In 1971, a Bank Worker Could Process 265 Checks in 1

question 39

Multiple Choice

In 1971, a bank worker could process 265 checks in 1 hour.Currently, computers with built-in reader-sorter processing capacity have pushed that number above 100,000 checks per hour.Economists describe this type of activity as

• A)the exploitation of labor.
• B)an increase in labor productivity.
• C)the displacement of labor.
• D)the effects of comparative advantage.
• E)the mutual gains received through voluntary trade.

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Definitions:

Cache

Cache refers to a type of fast-access memory used to store frequently accessed data or instructions to speed up the processing time in computers and other devices.

PCI-E Version

Refers to the different generations of Peripheral Component Interconnect Express (PCIe) standards, which are used for connecting high-speed components.

Bi-Directional

Capable of functioning in two directions, allowing for two-way communication or data transfer.

Threads

In computing, refers to the smallest sequence of programmed instructions that can be managed independently by a scheduler, which is typically part of the operating system.