Of the Adopters of New Technologies, the Members of Early

question 88

Multiple Choice

Of the adopters of new technologies, the members of early majority

• A)are deliberate and take longer to decide to use something new.
• B)include organizations to which others look for leadership.
• C)tend to be isolated and highly conservative.
• D)are critical to the success of a new technology.
• E)tend to be the most adventurous and willing to take risks.

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Definitions:

Aggregate Expenditure

The total spending on final goods and services in an economy over a specific time period, including consumption, investment, government purchases, and net exports.

Unemployment

The condition of being jobless and actively seeking employment, often measured as a percentage of the labor force.

Price Level

refers to the average of current prices across the entire spectrum of goods and services produced in the economy, often associated with inflation measurements.

Potential Output

refers to the maximum amount of goods and services an economy can produce when it is operating at full capacity, without causing inflation.