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Explanation: I did the assignment. Which statement does this graph support? Census data show that the ownership rate in one small city is even lower. How has technology directly benefited consumers?
How Has Technology Affected The Economy Check All That Apply To The New
The following are the benefits of technology in economics: - The advancement of the technology leads to the economic growth, means increasing the GDP. The correct options to the given question are A. Therefore, options E and F are correct. Computers and robots can do jobs humans once did. Competition to develop new products has had mostly positive effects. Draw Amy's new budget line. How has technology affected the economy check all that apply here. The Internet has primarily affected entertainment, rather than politics or the economy. Our experts can answer your tough homework and study a question Ask a question. Automation has been phased out of most factories. It is a network of millions of computers connected to each other. A) In words, what will their hypotheses be? The technology affected the economy in the following ways: (E).
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It has created the ability to purchase goods with the click of a button. The pharmaceutical industry has become less vital to the economy. Recent flashcard sets. Many employees are able to do their jobs from home. Into the Information Age Flashcards. Become a member and unlock all Study Answers. Has the relative price of coffee changed? Answer and Explanation: 1. It was introduced to and used by consumers beginning in the 1980s. It spreads entertainment and popular culture through social media. The Internet was introduced and first used by consumers during the 1980s.
How Has Technology Affected The Economy Check All That Apply Online
Check all that apply: A. Consumers can purchase goods with the click of a button. The city council is debating a plan to offer tax breaks to first-time home buyers in order to boost people to become homeowners. Question: Which of the following are economic resources? Amy has $12 a week to spend on coffee and soda.
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They choose to adopt the plan on a 2-year trial basis and use the data they collect to make a decision about continuing the tax breaks. How has technology affected the economy check all that apply to the following. Many employees work from home using the Internet. Learn about types of resources in economics and how these resources contribute to business success. Since this plan costs the city tax revenues, they will continue to use it only if there is strong evidence that the rate of home ownership is increasing. To learn more about the technology, refer to: Try it nowCreate an account.
How Has Technology Affected The Economy Check All That Apply Here
Learn about scarce resources economics. Suppose that the price of soda remains at$1 a can but the price of coffee rises to $3 a cup. Technology leads to improvement in mobility of factors and increases the efficiency. In 2015, an online petition started by a New York City construction worker resulted in increased funding of ________. What are economic resources? Young children have access to technology before they are in school. Recommended textbook solutions. Automation has had more of an impact in manufacturing. Capital, C. Human Capital, D. Land, F. Technology and H. Entrepreneurs. What are some ways technology has affected the economy? Check all that apply. Automation has been phased - Brainly.com. What are the benefits of technology in economics? Learn more about this topic: fromChapter 3 / Lesson 8.
It is a closed system that offers limited access to information. See economics resources examples. It has given access to online banking and electronic pay. Technology can make it difficult to create interpersonal connections. Use this information to work Problems 1 and 2. Computer usage and Internet usage are seemingly unrelated. Other sets by this creator. Online education is available only at the college level and not in high school. Costs are rising higher and higher for courses offered online. How has technology affected the economy check all that apply online. Consumers can buy goods and services on the Internet.
It has increased employment opportunities. As more and more people have used computers, Internet usage has increased. Economic Resources: In a given economy, firms usually produce goods and services by deploying various factors of production. It has increased the production and sale of goods around the world. The resources... See full answer below. Internet usage has declined even as the use of computers has increased. Competition between companies has led to new products. Social media and technology can change the way students think. Usage of the Internet has outmatched the adoption of computers. Which of the following are economic resources? Check all that apply: A. Labor B. Capital C. Human Capital D. Land E. Consumers F. Technology G. Money H. Entrepreneurs | Homework.Study.com. It has created brand-new industries. Terms in this set (13). It has introduced new products, such as smartphones. More time may be spent on using technology than on learning.
Sets found in the same folder. Which statement accurately describes the Internet? In 2012, the Gallup Poll reported that only of American families owned their homes, the lowest percentage reported in a decade. If she buys 6 cans of soda, what is the maximum number of cups of coffee she can buy in a week? It was created for the military and later spread to consumers. The price of coffee is$2 a cup, and soda is $1 a can. Students also viewed. The price of such goods and services is usually the equilibrium price which is determined by taking an intersection of the demand curve and supply curve. The Internet was created by the US Department of Defense for military purposes.