Research That Demonstrated a Significant Knowledge Gap Between American Television

question 4

Multiple Choice

Research that demonstrated a significant knowledge gap between American television news viewers and those in several other countries attributed that gap to _______.

• A) the public service orientation of television news in those other countries
• B) lack of media literacy training in the U.S.
• C) the complexity of political life in the U.S. versus those countries
• D) the lack of intelligence of typical U.S. TV viewers

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Definitions:

Resources Employed

Refers to the allocation and utilization of resources such as labor, capital, and materials to produce goods and services.

Output of Industry

The total amount of goods and services produced by an industry or sector within a specific period, often used to gauge economic health and productivity.

Economic Profit

The difference between total revenues and total costs, taking both explicit and implicit costs into account, indicating the additional income over the opportunity cost of capital.

Industry Z

An unspecified sector of the economy, used as a placeholder to discuss economic concepts without specifying an industry.