The Application Function That Allows Data to Be Stored and Retrieved

question 57

Multiple Choice

The application function that allows data to be stored and retrieved is called _____.

• A) application logic
• B) data access logic
• C) data storage
• D) presentation logic
• E) network logic

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Definitions:

Disposable Income

Income available to an individual or household after accounting for taxes and other mandatory charges, available for spending or saving.

Saving

Saving refers to the portion of income not spent on current expenses and set aside for future use, often placed in accounts or investments that can accumulate interest over time.

Induced Consumption

The portion of consumption that changes as a result of changes in income, with higher incomes leading to increased consumption.

Autonomous Consumption

The amount of consumption that occurs regardless of current income levels, reflecting basic spending needed to survive.