The Pioneering Approach by ________ Was to Produce the Components

question 52

Multiple Choice

The pioneering approach by ________ was to produce the components of computers via mass production and to offer customization in the manner in which they were assembled.

• A) IBM
• B) Intel
• C) Gateway
• D) Dell

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Definitions:

Interest Rates

The cost of borrowing money or the return on investing, typically expressed as a percentage of the principal, and set by central banks or determined by the market.

Excess Reserves

The capital reserves held by a bank or financial institution in excess of what is required by regulators, creditors, or internal controls.

Actual Reserves

The total amount of funds that a bank has on deposit at the Federal Reserve, plus any cash physically held by the bank.

Reserve Requirement

A regulation set by central banks requiring commercial banks to hold a certain proportion of their deposits as reserves.