In Terms of System Thinking, What Is the Resulting Information

question 101

Multiple Choice

In terms of system thinking, what is the resulting information from the computer program?

• A) Input
• B) Output
• C) Process
• D) Feedback

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Definitions:

Nominal Variables

Variables that are measured in terms of money and have not been adjusted for inflation, as opposed to real variables which are inflation-adjusted.

Money Supply

The total amount of money in circulation or in existence within a country's economy.

Exchange Rate

The price of one country's currency expressed in the currency of another country; it determines how much foreign currency one can get with a unit of domestic currency.

Price Level

The general cost of goods and services in an economy at a given time.