Activities That Are Able to Be Fully or Partly Automated

question 95

True/False

Activities that are able to be fully or partly automated by technology and delivered by remote sites are most likely to be outsourced.

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Definitions:

Inward

Refers to movements or directions towards the inside or center of something.

Expansionary Gap

A situation where the actual output of an economy exceeds its potential output at full employment, often leading to inflation.

Inflationary Pressure

The upward pressure on prices that may arise from factors such as increased demand or rising costs, leading to inflation.

Seasonal Unemployment

Unemployment resulting from seasonal variations in demand or supply of labor, often seen in industries like agriculture or tourism.