The Process of Converting Poorly Structured Tables into Two or More

question 24

Multiple Choice

The process of converting poorly structured tables into two or more well-structured tables is called ________.

• A) conversion
• B) certification
• C) normalization
• D) simplification

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Definitions:

Total Consumption

The aggregate amount of goods and services consumed by individuals or entities within a particular economy.

Savings Rate

The savings rate is the proportion of disposable income that is saved by households rather than spent on consumption.

Conspicuous Consumption

The spending of money on and the acquisition of luxury goods and services to publicly display economic power or social status.

Induced Consumption

Consumer spending that increases when income rises and decreases when income falls, reflecting a direct relationship between income and consumption.