In 1971, a Bank Worker Could Process 265 Checks in 1

question 221

Multiple Choice

In 1971, a bank worker could process 265 checks in 1 hour.Currently, computers with built-in reader-sorter processing capacity have pushed that number above 100,000 checks per hour.Economists describe this type of activity as

• A)exploitation of labor.
• B)an increase in labor productivity.
• C)speed-up.
• D)comparative advantage.
• E)mutual gains from voluntary trade.

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Definitions:

Depression

A common and serious mood disorder that affects how you feel, think, and handle daily activities, often characterized by persistent sadness and loss of interest.

Frontal Lobes

are the areas of the brain located behind the forehead that are responsible for complex cognitive functions, including decision-making, problem-solving, and control of voluntary movements.

Deep Brain Stimulation

Deep brain stimulation is a medical treatment involving the implantation of a neurostimulator device that sends electrical impulses to specific parts of the brain for treating movement and psychiatric disorders.

Biomedical Therapy

A type of therapy that involves medication and/or medical procedures to treat psychological disorders.