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To support an innovative idea for an important business project, a manager chooses to create a separate database system which is not integrated into the enterprise database. This is an example of a(n) ________.
Annual Rate
An interest rate calculated for a period of one year, often expressed as a percentage.
Real Wage
The purchasing power of a worker's earnings, adjusted for inflation, reflecting the true value of goods and services that can be bought.
Inflation
How quickly the average cost of products and services climbs, reducing buying power as time progresses.
Expected Inflation
The rate at which the general level of prices for goods and services is anticipated to rise over a specific period.
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