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"Big Data" Has Been Recently Applied to Making Effective Decisions

question 49

Multiple Choice

"Big data" has been recently applied to making effective decisions and ________.


Definitions:

Households Receive

Income earned by individuals or groups through wages, investments, and other sources, often used to describe the inflow of funds to a family unit.

Economic Disruption Events

Occurrences that significantly interrupt the normal course of economic activity, potentially leading to widespread financial impacts.

Price System

A mechanism through which prices are determined for goods and services in an economy, guiding and coordinating economic actions by conveying information about relative market values and scarce resources.

Capital Source

The origins of the funds or assets that are invested in a business or project.

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