Suppose That Average Productivity of Chinese Firms Increases More Rapidly

question 45

Multiple Choice

Suppose that average productivity of Chinese firms increases more rapidly than the average productivity of Australian firms, then:

• A)production costs in China fall, quantity demanded for Chinese products rises and the value of yuan falls against the dollar.
• B)production costs in China rise, quantity demanded for Chinese products falls and the value of yuan falls against the dollar.
• C)production costs in China fall, quantity demanded for Chinese products rises and the value of yuan rises against the dollar.
• D)production costs in China rise, quantity demanded for Chinese products rises and the value of yuan rises against the dollar.

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Definitions:

Throughput

The amount of data processed by a system or program in a given amount of time.

Capacity

The maximum amount that something can contain or produce, such as the storage capacity of a hard drive or the processing power of a computer.

Latency

The delay before a transfer of data begins following an instruction for its transfer, often measured in milliseconds.

Solid State Drive

A type of data storage device that uses integrated circuit assemblies to store data, offering faster access time than traditional mechanical hard drives.