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(i) is correct because system software (e.g., OS) provides a platform for application software to function. (ii) is incorrect because MS-Word is purely application software, not system software. Knowledge Booster: 1. Examples of system software: Windows OS, Linux. 2. Application software is user-specific (e.g., Word, Excel). 3. System software manages hardware, while applications handle user tasks. 4. Both work together for seamless computer operation.
The value of expenditure multiplier when marginal propensity to save is 0.4 is
Which of the following is true about Omission(Overfitted) and Inclusion(Underfitted) type of the specification error
Probability that A will be alive in 20 years is 0.7 and probability that B will be alive in 20 years is 0.6, then what is the probability that they bo...
When two regression coefficients bear same algebraic signs, then correlation coefficient is:
For a monopolist, price is Rs.16 and marginal revenue is Rs.4, the elasticity of demand will be
Suppose the money supply in Mexico grows more quickly than the money supply in the USA. We would expect that
Which of the following best describes the short-run Aggregate Supply (AS) curve in the presence of sticky wages?
What is the elasticity of income in the case of Giffen goods?
Which one of the following is not an assumption of Classical Linear Regression Model
