12
practice testMultiple Choice

Practice Test

Question 12 • Economics

How do economists use data? Choose two correct answers.

Answer
A
to follow and predict unemployment rates
B
to communicate with customers instantly
C
to ship goods to countries all over the world
D
to explain trends in production and shipping
E
to apply automation to reduce production costs

Explanation

Economists analyze data to track changes in the economy and make informed predictions. For example, unemployment data can help them follow and predict unemployment rates, and production and shipping data can reveal trends in how goods are made and moved. Shipping goods, communicating instantly with customers, and applying automation are activities or tools, not the main uses of data described here.

AI-written and checked against the verified answer.

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