Forecasting Techniques Fall into What Two Categories

question 48

Multiple Choice

Forecasting techniques fall into what two categories?

• A)fixed asset and human capital
• B)predictive and confirmatory
• C)quantitative and qualitative
• D)short-term and long-term
• E)empirical and conceptual

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Definitions:

Foreign-exchange Reserves

Assets held by a central bank in foreign currencies, which are used to back liabilities on their own issued currency as well as to influence monetary policy.

Pegged Exchange Rate

A currency system where a country's currency value is fixed or linked to another currency or a basket of currencies.

Fixed Exchange-rate System

A currency system where the value of a country's currency is pegged to another currency, a basket of currencies, or a commodity like gold.