The Cost of Computing Power and Communications Bandwidth Has Been

question 49

Multiple Choice

The cost of computing power and communications bandwidth has been

• A) about the same each year.
• B) going up.
• C) going down.
• D) undetermined.

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Definitions:

Speculative Demand

The demand for goods not for immediate consumption, but for investment purposes with the hope of future price appreciation.

Commercial Banks

Financial institutions that accept deposits, offer various loans, and provide other financial services, like wealth management and currency exchange.

Savings And Loan

Financial institutions that primarily engage in accepting savings deposits and making mortgage loans.

Reserve Requirements

Criteria set by central banks for the minimal amount of reserves that must be kept by banks against the deposits they hold.