http://www.autozone.com/autozone/pa...mString=search&itemIdentifier=132993_40353_0_
That is the TPS, and that connector located on the pass side of carburetor.
It's hard to say, the ECC-IV is a complex system, I would test that TPS sensor.
It MAY have a dead spot allowing the engine to cut out
To test that sensor you would probe two of the three wires, as you open the throttle the resistance should change, gradually(with no spikes or dead spots) I can't find the info, but I THOUGHT the Autozone site had testing info for that sensor, but I can't find it.
It is a fairly expensive sensor, and since we have people like me running duraspark on their 2.8's, it might not be the culprit.
I would also check to see if your carb is shooting gas into the throat of the carb, simply shut off engine, take off air cleaner assembly, and move the throtle, that should shoot gas through two passages into the throat of the carb.
I suspect you just need a carburetor rebuild.
I would also check to see if plenty of fuel is being pumped out, just loosen your gas tube at the fuel filter, and if plenty of gas is pumping out, then it is good.
I would also check your base timing(with that yellow wire unplugged) and set it to factory spec.