As Technology Develops and Research Is Increasingly Conducted Using Electronic

question 18

True/False

As technology develops and research is increasingly conducted using electronic resources,it is no longer important to know how to research using print resources.

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Definitions:

Economic Output

The total value of all goods and services produced within an economy over a specific period.

Living Standards

A measure of the wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.

Specific Skills

Skills that are highly specialized and pertinent to a specific job or industry, enabling a worker to perform particular tasks efficiently.

Disequilibrium

A market condition where there is a mismatch between the quantity supplied and the quantity demanded, preventing market equilibrium.