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Business Intelligence (BI)reporting Systems Are Used to Filter Data,sort Data,group

question 73

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Business Intelligence (BI)reporting systems are used to filter data,sort data,group data,and make simple calculations based on the data.


Definitions:

Long Run

A period of time sufficient for all inputs in the production process to be adjusted, including both fixed and variable resources.

Short-Run Equilibrium

A state in which market supply equals market demand at a particular price level, but where all factors of production and costs are not fully adjustable.

Long-Run Equilibrium

A state in which economic forces such as supply and demand are balanced and in the absence of external influences the values of economic variables will not change.

Economic Expansions

Phases in the business cycle where the economy grows, characterized by increased output, employment, and consumer spending.

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