Which of the Following Is True of Technology

question 99

Multiple Choice

Which of the following is true of technology?

• A) Technological improvements are less important today than was true in the past.
• B) Lack of access to modern technology is a major barrier restraining the growth of low-income countries.
• C) Often, perverse institutions and policies in low-income countries undermine the potential gains from adoption of modern technology.
• D) Countries with high investment rates will be unable to apply modern technology effectively.

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Definitions:

Balance Sheet Accounts

Accounts that appear on the balance sheet, representing the company's assets, liabilities, and shareholders' equity at a specific point in time.

Mortgage Payable

A liability account that records the amount owed on a long-term property loan.

Accounts Payable

An accounting entry that represents a company's obligation to pay off a short-term debt to its creditors or suppliers.

Set Up Users

The process of creating accounts or profiles for individuals to allow them access to use a system, software, or service.