A Major Benefit of Multidimensional Databases Is That They Are

question 86

True/False

A major benefit of multidimensional databases is that they are a compact and easy-to-understand way to visualize and manipulate data elements that have many interrelationships.

---

Definitions:

Nominal Wages

Wages that are paid to workers in current dollars, without adjustment for inflation.

Price Level

A measure of the average of current prices across the entire spectrum of goods and services produced in the economy.

Real Wages

Wages adjusted for inflation, representing the purchasing power of the income received by workers for their labor.

Wage Differentials

The variations in wage rates due to factors like occupation, industry, geographic location, or skills, affecting income distribution among workers.