Remote Data Entry and Telecommunications Were Introduced During the _____

question 53

Multiple Choice

Remote data entry and telecommunications were introduced during the _____ generation of computers.

• A) second
• B) third
• C) fourth
• D) fifth

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Definitions:

Deflation

A decrease in the general price level of goods and services, often indicating an reduction in the supply of money or credit.

Nominal Interest Rate

The percentage rate at which interest is charged or paid on a loan or investment, not adjusted for inflation.

Inflation Rate

The upward trajectory of prices for goods and services, causing a consequent decline in how much one can purchase.

Purchasing Power

The purchasing power of a currency, showing the quantity of goods or services one unit can acquire.