Which of the Following Is NOT a Reason Given for Why

question 10

Multiple Choice

Which of the following is NOT a reason given for why forecasters are so often incorrect?

• A) There is a temptation for economic forecasters to stay fairly close to the "norm," that is, "group think."
• B) Many analysts are simply too short-sighted.
• C) Economists and economic forecaster often suffer from information overload.
• D) Some economic forecasters are too broad-minded, as they try to include a number of ideas in their forecasts.
• E) None of these are correct (that is, all are reasons cited for why forecasters are often incorrect).

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Definitions:

Triple Alliance

A military coalition formed by Germany, Austria-Hungary, and Italy in 1882, aimed at mutual defense and support in case of attack by other powers.

Italy

A country in Southern Europe, known for its rich history, art, architecture, fashion, and cuisine, and home to the Vatican as well as numerous UNESCO World Heritage Sites.

Schlieffen Plan

A strategic military plan developed by German General Alfred von Schlieffen, proposing a quick victory against France then turning east to fight Russia in a two-front war.

Neutral Nation

A sovereign state which refrains from all participation in armed conflict, adhering to a policy of neutrality recognized by other states.