Are forecasts of economic activity accurate enough to permit "fine-tuning" of the economy?
a. No, forecasting is so inaccurate that it should be abandoned.
b. No, forecasts are not accurate enough for this.
c. Yes, forecasts are accurate and reliable enough for this.
d. Yes, at least most of the time.
b
You might also like to view...
In the reality TV show Storage Wars, people bid on the contents of repossessed storage units without being able to evaluate the contents. This is an example of a ________ auction
A) common value B) private value C) Dutch D) second-price
If baked potatoes and sour cream are complements, then an increase in the price of sour cream decreases the demand for baked potatoes
a. True b. False Indicate whether the statement is true or false
The relationship between environmental harm and national income per person for arsenic water pollution exhibits a(n)
A. inverted U-shaped curve. B. U-shape curve. C. downward sloping curve. D. upward sloping curve.
The natural rate of unemployment varies based on inflation rates.
Answer the following statement true (T) or false (F)