2.3 The Circular Flows 1) ________ the owners of the factors of production, while ________ what amounts of those factors to hire. A) Households are; firms determine B) Households are; the government determines C) The government is; firms determine D) Firms are; households determine E) Firms are; the government determines 2) What two groups of decision makers are represented in the basic circular flow […]
3.1 Production Possibilities 1) The United States produced approximately ________ worth of goods and services in 2011. A) $15 trillion B) $15 billion C) $150 trillion D) $150 billion E) $1,500 trillion 2) Which of the following is an assumption used when drawing a production possibilities frontier? i.Human wants and desires are limited to what is available. ii.Only two goods are considered. iii.The level […]
31) Suppose real GDP is $13 trillion, potential real GDP is $13.5 trillion, and Congress and the president plan to use fiscal policy to restore the economy to potential real GDP. Assuming a constant price level, Congress and the president would need to decrease taxes by A) $500 billion. B) less than $500 billion. C) more than $500 billion. D) None of the […]
41) An economic recession produces A) an increase in cyclical unemployment. B) an increase in structural unemployment. C) an increase in natural unemployment. D) a decrease in cyclical unemployment. E) a decrease in natural unemployment. 42) Cyclical unemployment A) is always a constant amount of unemployment. B) is higher during an expansion. C) decreases during a recession. D) fluctuates over the business cycle. E) […]
11) A perfectly competitive market is in long-run equilibrium. At present there are 100 identical firms each producing 5,000 units of output. The prevailing market price is $20. Assume that each firm faces increasing marginal cost. Now suppose there is a sudden increase in demand for the industry’s product which causes the price of the good to rise to $24. Which of the following […]
21) Refer to Table 11-1. What portion of the marginal revenue of the 4th unit is due to the output effect and what portion is due to the price effect? A) output effect = $24.00; price effect = $19.50 B) output effect = $6.50; price effect = $2.00 C) output effect = -$0.50; price effect = $5.00 D) output effect = $6.00; price effect […]
81) Consider a firm’s price elasticity of supply. If firms’ costs rise rapidly as output increases, the A) supply curve will tend to be flat. B) demand curve will tend to be steep. C) elasticity of demand will tend to be low. D) price elasticity of supply will tend to be high. E) price elasticity of supply will tend to be low. 82) An […]
17) If, for a given percentage decrease in price, quantity supplied decreases by a proportionately smaller percentage, then supply is A) unit-elastic. B) perfectly elastic. C) relatively inelastic. D) elastic. 18) Bringing oil to the market is a relatively long and costly process. The whole process from exploration to pumping significant amounts of oil can take years. What does this indicate about […]
31) Suppose a decrease in the supply of paper results in an increase in revenue. This indicates that A) the demand for paper is inelastic. B) the demand for paper is elastic. C) the supply of paper is inelastic. D) the supply of paper is elastic. 32) Which of the following statements is true? A) If the price of a good […]
11.The VRIO framework does not include capabilities and resources that are: a.Valuable. b.Rare. c.Imitable. d.Organizationally embedded. e.All of the above. 12.Examining whether a firm has resources and capabilities to perform a particular activity in a manner superior to competitors is known as _________ in SWOT analysis. a.Parity b.Competition c.Benchmarking d.Deskmarking e.Standardization 13.If Company A and Company B both have valuable assets that are identical, […]
CMIT 425 Week 3
200-400 words APA
Your task: You have been asked to give a presentation to the Chief Technology Officer's (CTO's) staff for their monthly "brown bag" luncheons. The subject of this session is: Use and Misuse of Encryption.
Background: Cryptographic algorithms provide the underlying tools to most security protocols used to implement encryption in enterprises and critical infrastructures. The choice of which type of algorithm to implement depends on the goal that you are trying to accomplish, e.g. ensuring data privacy or ensuring integrity of software or data. Cryptographic algorithms fall into two main categories: symmetric key and asymmetric key cryptography.
In the first part of your briefing to CTO Staff, please identify and discuss the strengths and weaknesses of
For each type of cryptographic algorithm, you should provide an example of where this type of cryptography would be used within the software and services that the enterprise depends upon and the type of resource to be protected (e.g. passwords stored in hashed format).
In the second part of your briefing, identify and discuss at least three ways in which attackers and/or criminals use encryption and cryptography to further their goals and objectives. These could include using encrypted chat to avoid wiretaps or surveillance or using encryption to deny legitimate users access to data or systems (e.g. ransomware). If countermeasures are available, describe and discuss them.
Format: This week, the format for your deliverable (posting) will be "Talking Points." Talking points are presented in outline format and contain the content that you would put on slides in a slide deck. Your outline should include 5 to 7 major points ("slide titles") followed by 3 to 5 supporting points for each. Remember to put enough information into the talking points that your peer reviewers can understand what you intend to cover in each section of your briefing. Remember to introduce the topic at the beginning, present your analysis, and then close your briefing with an appropriate summary. Include a list of sources (3 or more) which attendees could refer to if they wish to fact check your work.
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