AnswersKY-EconomicsThe Three Questions of Economics

Technology and Economics Answers

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What have instant communication and sales made possible? Check all that apply.Instantaneous purchases from companies around the world can increase sales.Improved technology has not yet allowed for a global workforce.Physical goods can arrive instantly at distant locations.Improved technology has allowed companies to operate 24 hours a day.Worldwide communication between producers and consumers has become instant.

A
Instantaneous purchases from companies around the world can increase sales.
B
Improved technology has not yet allowed for a global workforce.
C
Physical goods can arrive instantly at distant locations.
D
Improved technology has allowed companies to operate 24 hours a day.
E
Worldwide communication between producers and consumers has become instant.
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✔ allocate resources purchase goods limit needs

Answers:
Instant access to information has helped Country F .:allocate resources
Country F is using data from its farmers to .:make economic decisions
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produce more goods✔ make economic decisions increase sales

A
produce more goods
B
✔ make economic decisions
C
increase sales
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Question text not available

Answers:
In January of 2011, the unemployment rate in this nation was about .:4 percent
Based on the trend that began around June of 2011, economists may predict that the unemployment rate will continue to in the future.:increase
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decrease✔ increase

A
decrease
B
✔ increase

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