According to Which of the Following Rules Will the Cost

question 97

Multiple Choice

According to which of the following rules will the cost of computing drop by 50 percent as computer-processing power doubles every 18 months?

• A)Moore's law  
• B)Gordon's law  
• C)the Peter principle  
• D)the rule of e-commerce

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Definitions:

Net Exports

The value of a country's total exports minus its total imports, representing the contribution of the trade balance to the overall GDP.

GDP

Gross Domestic Product, the total value of all goods and services produced over a specific time period within a country.

Government Purchases

Expenditures made by the government sector, including spending on goods and services by local, state, and federal governments.

Consumption

The purchase and use of goods and services by households.