Which of the Following Is a Direct Consequence of the Development

question 23

Multiple Choice

Which of the following is a direct consequence of the development of faster and cheaper computers?

• A)The development of double-entry bookkeeping
• B)The enhanced ability of managers of business operations to deal with complex transactions in far-flung locations
• C)The creation of money
• D)The decrease in workers' productivity, because more computers need fewer people to operate them
• E)A decline in the rate of inflation

---

Definitions:

Labor

The employment of human physical and psychological skills in the production process of goods and services.

Capital

Financial assets or the financial value of assets, such as cash and securities, or fixed assets like buildings and machinery, that are used in producing goods or services.

Short-Run

A period of time during which at least one of a firm's inputs is fixed.

Machines

Devices or systems of devices that perform tasks or assist in the performance of tasks, often using mechanical, electrical, or computer-driven components.