The Operating System Sometimes Is Called the ______

question 56

Multiple Choice

The operating system sometimes is called the ______.

• A) underlying hardware
• B) background app
• C) platform
• D) ground floor

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Definitions:

Government Failure

Occurs when government intervention in the economy leads to an inefficient allocation of resources or fails to achieve the intended outcomes.

Public Choice Theory

A theory in economics and political science that studies how public sector actions and policies are influenced by the self-interest of individuals, especially politicians and bureaucrats, as opposed to the public good.

Keynesian Economics

An economic theory stating that government intervention is necessary to help economies emerge from recession, through policies that stimulate demand, control inflation, and adjust interest rates.