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Case-Based Critical Thinking Questions

question 10

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Case-Based Critical Thinking Questions
Case 12-2
Marissa's monogram business has expanded exponentially since she added an online catalog and ordering to her business.  Her database needs to be expanded and changed to meet the needs of the growing business.  Her database includes tables for monogram styles, catalog products, orders, billing, customers, and vendors.
-Each number in the ItemNumber field for all catalog products were created manually by Marissa. Her new assistant pointed out that she could have the database create the ItemNumber automatically by changing the field's data type to ____.


Definitions:

Aggregate Demand

The total demand for all goods and services within a particular market or economy at a given overall price level and in a given time period.

Real GDP

Gross Domestic Product adjusted for inflation, which provides a more accurate representation of an economy's size and how it's growing over time.

Disposable Income

Money left after taxes and compulsory fees have been subtracted, which can be used for spending or saving according to personal preference.

Marginal Propensity

The additional amount that people consume or save when they receive an extra dollar of income.

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