How do economists use data? Check all that apply. to follow and predict unemployment rates to communicate with customers instantly to ship goods to countries all over the world to explain trends in production and shipping to apply automation to reduce production costs

Question

Social Studies

Amaris Buckley

3 November, 17:41

How do economists use data? Check all that apply. to follow and predict unemployment rates to communicate with customers instantly to ship goods to countries all over the world to explain trends in production and shipping to apply automation to reduce production costs

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Answers (2)

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Kira · Answer 1

An economist is a person who is an expert in the economy. They are in the field of study in resource and its production. Through research and collective data, an economist would be able to predict unemployment rates, to explain trends in production and shipping and to apply automation to reduce production costs, these statements are taken from the choices in the question.

Bear · Answer 2

The answers are:

- to follow and predict unemployment rates

- to explain trends in production and shipping