COGNITIVE ASSESSMENT Which of the Following Is Not True About

question 114

Multiple Choice

COGNITIVE ASSESSMENT Which of the following is not true about tape storage?

• A) Tape is a magnetically coated ribbon of plastic capable of storing large amounts of data and information at a low cost.
• B) Business users utilize tape most often for long-term storage and backup.
• C) A tape cartridge is small, rectangular, plastic housing for tape.
• D) A benefit of tape is that it allows for nonsequential access.

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Definitions:

Short-Run Aggregate Supply Curve

A graphical representation that shows the relationship between the total supply of goods and services produced by a country at various price levels in the short-run.

Actual Price Level

The current general level of prices for goods and services in an economy, which can be compared to past levels to assess inflation or deflation.

Expected Price Level

The anticipated average price of goods and services in an economy over a future period, which influences consumer and business decisions.

Long-Run Aggregate-Supply

The total output of an economy when all resources are fully employed, with prices of inputs and outputs able to adjust to any changes.