Powerful, User-Friendly Programs That Are Developed for a Specific Task

question 105

Multiple Choice

Powerful, user-friendly programs that are developed for a specific task or use are called _____.

• A) operating system software
• B) operating networks
• C) application software
• D) servers
• E) data structures

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Definitions:

Inputs

The resources such as labor, materials, and capital that are used in the production process to create goods or services.

Circular Flow Model

An economic model illustrating the continuous flow of goods, services, and money among households and businesses in an economy.

Real Flows

In economic terms, the exchange of goods, services, and inputs between households and firms, as opposed to financial flows which involve money.

Money Flows

The movement of money into and out of an entity or market, often analyzed to predict economic conditions or market trends.