Deck 7 Flashcards

(7 cards)

1
Q

What is Multiplier effect

A

1/1-MPC X Change in spending

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2
Q

what is discount rate

A

rate the bank pays to borrow from the FED

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3
Q

what is prime rate

A

rate the bank charges its prime customers on ST borrowings

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4
Q

what is risk free rate

A

rate for a lown with 100% certainty of payback

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5
Q

what is a gateway

A

the internet is connected by gateways

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6
Q

what comes after bit, byte,…….

A

bit, byte, field, record, file, table, database

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7
Q

describe system development life cycle ADITTO

A
Analysis
Design
Implementation
Training
Testing
Operations
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