How has information technology impacted the economy? Choose three answers.It has allowed economists to better predict how resources should be allocated.It has assisted governments to make better economic policy decisions.It has become more difficult for businesses to identify when shortages will occur.It has steadily increased the amount of time to share data between locations.It has expanded growth and outlook in information technology careers.
Answer
A
It has allowed economists to better predict how resources should be allocated.
B
It has assisted governments to make better economic policy decisions.
C
It has become more difficult for businesses to identify when shortages will occur.
D
It has steadily increased the amount of time to share data between locations.
E
It has expanded growth and outlook in information technology careers.
Explanation
Information technology makes economic data easier to collect and analyze, helping economists forecast how resources should be allocated and helping governments make informed policy decisions. It also creates and expands career opportunities in the technology sector. Choices C and D describe negative effects that do not fit: technology can help businesses spot shortages, and it generally reduces the time needed to share data between locations.
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