________ of the 1980s Allowed Computing Power to Spread and Gave

question 12

Multiple Choice

________ of the 1980s allowed computing power to spread and gave rise to a decentralized approach to IT governance.

• A) Servers
• B) Mainframes
• C) Networks
• D) PCs
• E) The WWW

---

Definitions:

Foreign Indebtedness

The total amount of debt a country owes to foreign creditors.

Fixed Exchange Rates

A currency system where the value of a currency is set at a predetermined rate relative to other currencies, instead of fluctuating in the open market.

Exchange Controls

Restrictions that a government may impose over the quantity of foreign currency demand by its citizens and firms and over the rate of exchange as a way to limit the nation’s quantity of outpayments relative to its quantity of inpayments (in order to eliminate a payments deficit).

Flexible Exchange Rates

Foreign exchange system where the value of currencies is determined by supply and demand in the forex market, without direct government intervention.