​A(n) _____ Is an Organized Collection of Facts and Information

question 63

Short Answer

​A(n) _____ is an organized collection of facts and information, typically consisting of two or more related data files.

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Definitions:

Induced C

Refers to the consumption that varies with income levels; as income increases, so does the consumption level.

Autonomous Consumption

the level of consumption that occurs when income is zero, representing the expenditures necessary to meet basic needs.

Disposable Income

Available cash for households to utilize in saving and spending after income taxes have been processed.

Savings

Money that is set aside from income for future use, often stored in a bank or invested to generate returns.