06 Feb Analyze the Impact of such a te
Macroeconomics Project
Class Project – Macroeconomics
Please review the excerpt given below. Then analyze the impact of the technological change on different variables given below.
Excerpt from a newspaper “Companies eager to automate more of their back-office tasks are fueling a booming market for software “robots.”
Two of the biggest players in the market are Blue Prism Group PLC, a publicly traded U.K.-based company, and UiPath Inc., a private firm based in New York.
Their specialty, called robotic process automation, is increasingly in demand as more companies use it to take care of formerly labor-intensive tasks such as data entry and processing paperwork.
The technology uses software to mimic the way workers process transactions, creating applications to power automated systems that can perform tasks faster and better than humans.
Tech leaders at companies in nearly every sector, who have been racing to upgrade their enterprise technology with cloud computing and advanced digital tools, are finding similar applications for the time-saving software across operations—especially when it is enhanced by artificial intelligence and machine learning capabilities, industry analysts say.”
Analyze the Impact of such a technological change on the following areas:
1. Production; Aggregate Demand, Supply and the Price level
2. GDP changes and economic growth
3. Employment and Labor Demand
4. Credit Demand and Interest rates
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteEdu. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
Do you need help with this question?
Get assignment help from WriteEdu.com Paper Writing Website and forget about your problems.
WriteEdu provides custom & cheap essay writing 100% original, plagiarism free essays, assignments & dissertations.
With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.
Chat with us today! We are always waiting to answer all your questions.