Economic Forecasting Is Not Perfect

question 22

Multiple Choice

Economic forecasting is not perfect,

• A)so this means that any attempt to do so should be abandoned.
• B)but this does not mean no attempt should be made to make forecasts.
• C)because the information on which it is based is always inaccurate.
• D)it is only based on normative information not positive information.

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Definitions:

Buying Followers

The practice of paying for additional followers on social media platforms, often considered unethical or deceptive.

Ethical

Pertains to moral principles or the branch of knowledge dealing with moral principles.

Providing Consent

The act of giving permission or agreement for something, especially after thoughtful consideration.

Experiment

A scientific procedure undertaken to make a discovery, test a hypothesis, or demonstrate a known fact.