Data Independence Refers to Decoupling the Data from the System

question 175

True/False

Data independence refers to decoupling the data from the system applications, and it is a major difference between the centralized database approach and the applications approach.

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Definitions:

Actual Inflation

The rate at which the general level of prices for goods and services is rising, and subsequently, eroding purchasing power.

Unemployment Rate

The unemployment rate is the percentage of the labor force that is jobless and actively seeking employment.

Expected Inflation

The rate at which the general level of prices for goods and services is anticipated to rise over a specified period.

Actual Inflation

The rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling, as it is currently being measured or experienced in the economy.