A Database Is a Collection of Data Organized to Serve

question 17

True/False

A database is a collection of data organized to serve many applications efficiently by centralizing the data and controlling redundant data.

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Definitions:

Disposable Income

The net amount households have to save and spend after factoring in income taxes.

Consumption Spending

The total amount of money spent by households and individuals on goods and services within a specific time period.

Marginal Propensity

A measure of how much an individual's consumption changes with a change in income.

Disposable Income

The cash reserves left for households to spend and save after paying income taxes.