The _____ Accepts the User's Commands

question 14

Multiple Choice

The _____ accepts the user's commands.

• A) register
• B) CPU
• C) operating system
• D) ALU

Understand the role of government intervention in a market economy for public goods, externalities, and economic stability.

Describe the coordinating mechanism of price in a free-market system.

Recognize the significance of markets as institutions for exchange.

Understand the concept of wealth accumulation through saving and inheritance.

---

Definitions:

Well-being

The state of being comfortable, healthy, or happy; often considered in terms of physical, psychological, and social aspects.

Economic Theory

A set of principles and concepts that helps to explain economic behavior and predict future patterns.

Competitive Situation

A market scenario in which multiple businesses offer similar products or services and compete for the same customers.

Lacks Competition

Lacking competition refers to market situations where limited or no rival firms exist, often leading to less favorable outcomes for consumers.