Moore's law refers to which of the following?
A)the steady state rate of growth of output per capita will equal the rate of growth of technological progress.
B)the number of transistors in a chip would double approximately every 18-24 months.
C)the steady state rate of growth of output per effective worker will be zero.
D)the saving rate that maximizes steady state consumption is .5 (s = 0.5).
E)none of the above

Question

Quizplus · Accepted Answer

Moore's law refers to the prediction made by Gordon Moore in 1965 that the number of transistors on a microchip would double approximately every 18-24 months, leading to an exponential increase in computing power and a decrease in the cost of computing.

Moore's Law Refers to Which of the Following