Which of the Following Is True According to the Text

question 74

Multiple Choice

Which of the following is true according to the text?

• A)The forecast bias of a currency rarely shifts over time.
• B)The absolute forecast error as a percentage of the realized value is a good measure to use in detecting a forecast bias.
• C)Forecasting errors are smaller when focused on longer term periods.
• D)None of the above.

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Definitions:

Cultural Background

The cultural experiences, traditions, languages, and values inherited from one's family or society that influence one's worldview and behavior.

Ethnicity

A category of people who identify with each other based on common ancestral, social, cultural, or national experiences.

Social Capital

Personal social networks populated with people who willingly cooperate, exchange information, and build trusting relationships with each other.

Relational

Pertaining to the way in which two or more concepts, objects, or people are connected; often used within contexts involving interpersonal relationships.