how do economists use data? choose two answers.\n□ to follow and predict unemployment rates\n□ to…

how do economists use data? choose two answers.\n□ to follow and predict unemployment rates\n□ to communicate with customers instantly\n□ to ship goods to countries all over the world\n□ to explain trends in production and shipping\n□ to apply automation to reduce production costs

how do economists use data? choose two answers.\n□ to follow and predict unemployment rates\n□ to communicate with customers instantly\n□ to ship goods to countries all over the world\n□ to explain trends in production and shipping\n□ to apply automation to reduce production costs

Answer

Brief Explanations:

Economists use data to analyze economic - related phenomena. Unemployment rates are an important economic indicator, and data helps in tracking and predicting them. Also, data can be used to understand trends in production and shipping which are key aspects of economic activity. Communicating with customers instantly is more related to marketing or customer - service functions. Shipping goods worldwide is an operational task, and applying automation for cost - reduction is more of a production or engineering decision.

Answer:

to follow and predict unemployment rates to explain trends in production and shipping