Which of the Following Pairs of Components Constitutes the Human

question 84

Multiple Choice

Which of the following pairs of components constitutes the human side of information systems?

• A) software and procedures
• B) software and people
• C) people and procedures
• D) hardware and people
• E) instructions and code

Recognize the evolution of urbanization and its relationship with economic changes and technology.

Grasp the significance of knowledge work in the modern economy.

Examine the influences of economic systems on social structure and individual opportunities.

Understand the dynamics and implications of government intervention in the economy, with specific examples from the Obama administration's bailout.

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Definitions:

Aggregate Supply

The sum of all products and services that enterprises in an economy expect to sell during a defined time span.

Price Level

The mean of current prices for all goods and services generated within the economy.

Keynesian Theory

An economic theory proposing that active government intervention in the marketplace and monetary policy is the best method of ensuring economic growth and stability.

Equilibrium Interest Rate

The interest rate at which the demand for funds equals the supply of funds in the financial market, bringing the market into balance.