A model with a positive mean forecast error suggests that, on average, the model underforecasts

Indicate whether the statement is true or false.


Answer: TRUE

Business

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Industrializing economies are also known as ________ economies

A) emerging B) raw material exporting C) totalitarian D) subsistence E) capitalist

Business

Qualitative factors are considered in the evaluation of capital investment proposals

Indicate whether the statement is true or false

Business

An oral contract for a sale of land may be enforceable if the contract has been partially performed.

Answer the following statement true (T) or false (F)

Business

Suppose the 1-year nominal interest rate in Zooropa is 9%, and Zooropa's expected inflation rate is 4%. What is the real interest rate in Zooropa?

What will be an ideal response?

Business