COGNITIVE ASSESSMENT What Are the Two Types of System Software

question 157

Multiple Choice

COGNITIVE ASSESSMENT What are the two types of system software?

• A) application programs and utility programs
• B) operating systems and utility programs
• C) operating systems and application programs
• D) function programs and operating systems

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Definitions:

Money Supply

The sum of all financial assets in an economy at a specific time.

Interest Rates

The cost of borrowing money or the return for investing, usually expressed as a percentage per annum.

Aggregate Demand

Represents the total demand for goods and services within a particular economy at a given overall price level and in a given time period.

Tax Cut

A tax cut involves a reduction in the amount of taxes imposed by a government, which can affect consumer spending, investment, and economic growth.