Are Forecasts of Economic Activity Accurate Enough to Permit "Fine-Tuning

question 41

Multiple Choice

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.