Explain Two Reasons Why Economic Forecasting Can Only Be of Limited

question 38

Essay

Explain two reasons why economic forecasting can only be of limited use.

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Definitions:

Pitch

In acoustics, it is the quality of a sound governed by the rate of vibrations producing it; the degree of highness or lowness of a tone.

Primary Colors

The set of colors that can be combined to create a wide spectrum of colors but cannot be created by mixing other colors. Typically red, blue, and yellow in pigment or red, green, and blue in light.

Additive Colors

A color system in which colors are created by mixing various amounts of light colors, primarily red, green, and blue.

Oval Window

A membrane-covered opening that leads from the middle ear to the vestibule of the inner ear, where sound vibrations are transmitted.