<h3>
Answer:</h3>
Cloud computing is based on a Client-Server model. Cloud computing is a highly accessible service that utilizes centralized resources. Cloud computing is a pay-as-you-go model, which implies that customers pay for the service they get.
The second one, is a distributed computer model known as Grid Computing. Users in grid computing do not have to pay for the usage of resources in a collaborative manner.
<h3>
Examples of differences between the two:</h3>
- Cloud computing is a client-server computing architecture, while Cloud Computing is a distributed computing architecture.
- Cloud computing is a centralized executive, while Grid Computing is a decentralized executive.
- In Cloud Computing, resources are used in centralized pattern. While in Grid Computing, resources are used in collaborative, shared pattern.
- Cloud Computing is more flexible than Grid Computing
- In Cloud Computing, the users pay for the use. Vice versa that is not the case.
- Cloud Computing is a high accessible service, while Grid Computing is a low accessible service.
- Cloud Computing can be accessed through standard web protocols, white Grid Computing is accessible through grid middleware.
Answer:
Currency such as notes and coins with the people.
Demand deposits with the banks such as savings and current account.
Time deposit with the bank such as Fixed deposit and recurring deposit.
Answer:
C. The flow of goods and services.
Explanation:
Balance of trade: In Economics, the balance of trade accounts for the inflow and outflow of the goods and services in in a country for a given period, it is also called the <em>balance of payment.</em>
