Figure 12-2 in a Diagram Such as the One Pictured

question 74

Multiple Choice

Figure 12-2 In a diagram such as the one pictured in Figure 12-2, a(n) ____ identifies an entity outside the scope of the system.

• A) attribute
• B) source
• C) property
• D) data flow

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Definitions:

MPS

The marginal propensity to save, indicating the proportion of additional income that a household saves rather than spends on consumer goods.

C

In economic formulas, "C" typically represents consumption spending by households.

Consumers

Individuals or households that purchase goods and services for personal use.

Services

Intangible products such as healthcare, education, and financial advising that are consumed at the point of delivery and do not result in ownership of physical goods.