Physical goods have an objective value that is unrelated to time and the person of ownership. 65. A nation with cheap, efficient communications is likely to be * a. richer, ceteris paribus , because transaction costs will be lower and trade greater. b. richer only if production of goods is cheaper, too, since trade itself cannot create value. c.
nailed up - Computer Definition. 1  In communications, it refers to a permanent connection rather than one that is dynamically created and released. 2  In communications, it refers to a permanent connection rather than one that is dynamically created and released.
Home : Hardware Terms : Media Definition. Media. In general, media refers to various means of communication. For example, television, radio, and the newspaper are different types of media. The term can also be used as a collective noun for the press or news reporting agencies. In the computer world, media is also used as a collective noun, but refers to different types of data storage options.