In the Data Hierarchy, What Is a Collection of Files

question 5

Multiple Choice

In the data hierarchy, what is a collection of files?

• A)database
• B)data field
• C)data
• D)record

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Definitions:

Ceteris Paribus

A Latin phrase meaning 'all other things being equal,' used in economics to isolate the effect of one variable on another by holding all other relevant factors constant.

Resource Prices

The costs associated with the factors of production like labor, capital, land, and entrepreneurship used in the creation of goods or services.

Income Distribution

The way in which a nation's total earnings are divided among its population.

Marginal Revenue Product

The extra income created by using an additional unit of a production resource or input.