A _________ Is a Collection of Related Data That Is

question 88

Multiple Choice

A _________ is a collection of related data that is stored in a central location or multiple locations.

• A)database
• B)data mart
• C)data warehouse
• D)data hierarchy​

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Definitions:

Real Wage

The purchasing power of an individual's income, accounting for inflation and reflecting how many goods and services can be bought.

Nominal Wages

Wages paid to employees not adjusted for changes in price level, representing the monetary value of earnings.

Real Wages

Wages adjusted for inflation, reflecting the purchasing power of income and the real value of earnings over time.

Price Level

A gauge of the mean prices for goods and services in an economy during a certain period.