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Refer to the information provided in Table 9.1 below to answer the questions that follow.
Table 9.1
-Refer to Table 9.1. At an output level of $2,000 billion, the value of saving
Responsive
The ability to quickly and accurately react to changes or inputs, often used in the context of web design or customer service.
Efficient
Achieving maximum productivity with minimum wasted effort or expense, often related to the optimal use of resources.
Aggregate Forecasts
Predictions made about future demand, sales, or other financial metrics, based on historical data and analysis of market trends, on a collective basis.
Disaggregate Forecasts
Breaking down aggregate forecasts into more detailed, specific forecasts for individual products, locations, or time periods.
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