Economic Forecasts

question 66

Multiple Choice

Economic forecasts

• A)Drive economic policy for both the Fed and Congress.
• B)Drive economic policy for the Fed but not for Congress.
• C)Drive economic policy for Congress but not for the Fed.
• D)Are basically inaccurate,so the Fed and Congress pay little attention to them.

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Definitions:

Experimental Study

A study method that involves manipulating variables to determine cause and effect relationships.

Cure Rates

The percentage of people who are considered completely free of a particular disease after undergoing treatment.

Double-Masked Design

Experimental procedure in which neither the participant nor the experimenter knows whether the participant has received the experimental treatment or a placebo.

Manipulated

Being controlled or influenced in a clever and often unfair or selfish way.