The Decrease in the Demand for Mainframe Computers Caused Manufacturers

question 69

Multiple Choice

The decrease in the demand for mainframe computers caused manufacturers of mainframe computers to reduce prices by 20%. This is an example of

• A) inflation.
• B) deflation.
• C) a sustained inflation.
• D) the operations of supply and demand.

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Definitions:

Policy Differences

Variations or disagreements in specific plans of action adopted or proposed by governments, organizations, or individuals to address public issues.

Isolationism

A foreign policy strategy that emphasizes a nation's decision to keep apart from the affairs or interests of other groups, especially the political affairs of other countries.

World War I

A global conflict that occurred from 1914 to 1918, involving many of the world's nations, including the great powers organized into two opposing alliances.

Foreign Policy

Strategies and decisions a country employs in its interactions with other nations, focusing on diplomacy, security, and economic interests.