In the Five-Component Model of Information Systems, Which of the Following

question 76

Multiple Choice

In the five-component model of information systems, which of the following components is considered an actor?

• A) software
• B) hardware
• C) data
• D) procedure
• E) information

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Definitions:

Consumption

Pertains to the aggregate volume of products and services that are purchased and consumed by families and people.

MPC

The marginal propensity to consume, which is the fraction of additional income that a household spends on consumption.

Disposable Income

Financially viable resources for households' spending and saving strategies after deducting income taxes.

Consumption

The action of using up a resource or the purchase of goods and services by households.