Given the Following Master File Containing Employee Names (Key Field)and

question 16

Multiple Choice

Given the following master file containing employee names (key field) and hourly rates and given the following transaction file,how many total records will there be in the updated master file?
$$\begin{array} { l l l l l } \text { Master File } & & { \text { Transaction File } } & \\\text { John } & 20.00 & \text { Add } & \text { Jim } & 11.00 \\\text { Mary } & 10.00 & \text { Delete } & \text { John } & \\\text { Sue } & 6.00 & \text { Add } & \text { Nancy } & 15.00 \\\text { Tom } & 8.00 & \text { Delete } & \text { Tom } & \\\text { Vince } & 13.00 & \text { Add } & \text { Tom } & 13.00 \\& & \text { Change } & \text { Vince } & 14.00\end{array}$$

• A)5
• B)6
• C)7
• D)8

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Definitions:

Real Interest Rate

The interest rate adjusted for inflation, reflecting the true cost of borrowing and the real yield to investors.

Real Interest Rate

The interest rate adjusted for inflation, representing the true cost of borrowing and the real yield to savers.

Nominal Interest Rate

The interest rate as stated without adjustment for inflation, representing the actual percentage amount charged for borrowing money.

Inflation Rate

The percentage increase in the price level of goods and services in an economy over a given period of time.