Examlex
For the following data showing actual demand and forecasted demand for each quarter,calculate the MAPE.
Recessionary Gap
A situation in macroeconomics where the actual output of an economy is less than its potential output, leading to unemployment and underutilized resources.
Money Supply
The aggregate financial amounts present in an economy at an identified time.
Interest Rate
The cost of borrowing money expressed as a percentage of the amount borrowed or the return on investment.
Investment
The allocation of resources, often financial, into assets or projects expected to yield future returns or benefits.
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