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economists can use new technology to
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Author:
karsonharding827 - 1 month ago
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analyze data Economists can use new technology such as artificial intelligence (AI), machine learning, and big data analytics to analyze large sets of data and gain deep insights into economic trends. AI tools can be used to classify different economic phenomena, uncover patterns and correlations, and make predictions on how they might affect the future decisions of businesses and consumers. Machine learning algorithms can be used to identify relationships between economic variables and offer valuable forecasting insights. Big data analytics can help economists explore and visualize large datasets to understand what forces are influencing the economy and inform better decision making.
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Answered:
Kailee Bentley
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