Critical Thinking Questions

question 101

Short Answer

Critical Thinking Questions
Case 1-1
Eamon Christopher, the new staff assistant at QST Vancouver, wants to create some new reports utilizing the features of each of the various Microsoft Office programs using OLE technology.
Eamon has a chart from Excel that he put into Word and without doing anything, Word automatically created a relationship between that pasted chart and the original chart. What kind of connection did Word create?
a. a link
b. an embed
c. a paste index
d. a lineage

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Definitions:

Tax Revenue

The earnings achieved by governments by levying taxes.

Excess Burden

The cost to society created by market inefficiency, mainly used in the context of taxes that cause consumers and producers to alter their behavior in ways that reduce economic well-being.

Excess Burden

The cost to society created by market inefficiency, which occurs when goods or services are not produced or allocated efficiently.

Economic Decisions

Choices made by individuals, households, firms, or governments regarding allocation of scarce resources to satisfy various needs and desires.