After You Start a Program and Create a New File

question 11

True/False

After you start a program and create a new file, the file only exists in  your computer's random access memory (RAM).

Recognize the mechanisms through which market economies resolve basic economic questions regarding production, distribution, and consumption.

Understand the basic components and functions of the circular flow model in a market economy.

Identify the roles of households and businesses within the market system.

Comprehend the process and importance of income distribution and resource allocation in a market economy.

---

Definitions:

Semi-permanent

Describes something that is not permanent but lasts or is intended to last for a long time.

Work

An activity involving mental or physical effort done in order to achieve a purpose or result, often for pay.

Problem-solving

The process of identifying solutions to difficult or complex issues through analytical, creative, or critical thinking methods.

Stock Options

Rights to buy a specified amount of company stock at a given price within a given time period.