Which of the Following Is True

question 54

Multiple Choice

Which of the following is true?

• A) Cloud computing is a control technique for system availability.
• B) Cloud computing eliminates the need for backup of applications and data.
• C) Cloud computing refers to the practice of storing application files and backup data on satellites 'in the clouds'.
• D) Cloud computing eliminates the need for companies to own their own software and servers.

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Definitions:

Multiplier

An economic factor that quantifies the additional economic activity generated from an initial injection of spending.

Equilibrium Real GDP

is the level of Gross Domestic Product where aggregate demand equals aggregate supply, resulting in a stable economy without inflationary or recessionary gaps.

Investment

The act of allocating resources, usually financial, with the expectation of generating an income or profit, such as purchasing stocks, bonds, or real estate.

Inflationary GDP Gap

A situation where actual gross domestic product exceeds the potential GDP, leading to upward pressure on prices and inflation.