COGNITIVE ASSESSMENT LCD Monitors and LCD Screens Sometimes Use a New

question 55

Multiple Choice

COGNITIVE ASSESSMENT LCD monitors and LCD screens sometimes use a new type of technology to produce color, which produces a brighter display that is also easier to read. What is this new technology called?

• A) OLED
• B) OLCD
• C) TFT
• D) TNT

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Definitions:

Inflation Expectations

The rate at which people anticipate prices will increase in the future, which can influence current economic behavior and monetary policy.

Short-run Phillips Curve

A graphical representation showing an inverse relationship between the rate of inflation and the rate of unemployment in the short-term.

Production Costs

The total expense incurred in manufacturing a product or providing a service, including raw materials, labor, and overheads.

Central Bank

A nation's principal monetary authority, which regulates the money supply and interest rates in pursuit of economic objectives.