Microsoft Access Is an Example of _____ in an Information

question 2

Multiple Choice

Microsoft Access is an example of _____ in an information system.

• A)internal data
• B)external data
• C)database management system
• D)knowledge base management system

---

Definitions:

Opportunity Cost

The penalty of bypassing the alternative that ranks second in preference while making a choice.

Investment

The process of distributing funds with the aim of earning returns or profits.

Aggregate Expenditure Line

A graphical representation that shows the total amount of spending in an economy (consumption, investment, government spending, and net exports) at various levels of income.

Marginal Propensity to Consume

The fraction of any increase in disposable income spent on consumption, highlighting how consumption changes as income changes.