Which of the Following Is a Huge Database That Stores

question 84

Multiple Choice

Which of the following is a huge database that stores and manages the data required to analyze historical and current transactions?

• A)data stockyard
• B)data warehouse
• C)data storehouse
• D)data storage unit

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Definitions:

Substitution Effect

The change in consumption patterns due to a change in relative prices, where consumers substitute away from more expensive goods towards cheaper ones.

Income Effect

The alteration in the income of an individual or an economy and its impact on the demand for a specific good or service.

Private Saving

Private saving is the portion of household income that is not consumed or paid in taxes, but instead is saved or invested.

Corporate Tax Rates

The percentages of corporate profits that businesses must pay to the government as taxes.