10
QuizMultiple Select

Technology and Economics — Unit test

Question 10 • 2102320-Economics HONORS - Edgenuity Teacher

How do economists use data? Choose two answers.to follow and predict unemployment ratesto communicate with customers instantlyto ship goods to countries all over the worldto explain trends in production and shippingto apply automation to reduce production costs

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

Explanation

Economists analyze data to identify patterns in the economy and make informed predictions. Employment data can help them track and predict unemployment rates, while production and shipping data can help explain trends in those activities. Communicating instantly, shipping goods, and applying automation are not uses of data specific to economists.

AI-written and checked against the verified answer.

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