Critical Thinking Questions Case 1-1

question 60

Multiple Choice

Critical Thinking Questions
Case 1-1
You have purchased your first tablet and the use of gestures for interacting with the touch screen is taking a little bit of getting used to. You take a quick online tutorial to familiarize yourself with the gestures.
-You are looking for a bar that displays commands on an edge of the tablet's screen. You have seen this before so you know it can be done. According to the tutorial, what gesture should you use?

• A) swipe
• B) stretch
• C) double-tap
• D) pinch

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Definitions:

Flexible Exchange Rates

A currency system where the value of a currency in relation to others is determined by the foreign exchange market without direct government control.

Inflation

The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling. Central banks attempt to limit inflation, and avoid deflation, in order to keep the economy running smoothly.

Unemployment

The situation when individuals who are capable of working and willing to work cannot find employment.

Balance of Payments

A comprehensive record of all economic transactions between residents of a country and the rest of the world during a specific period.