The Ability of Macroeconomists to Predict the Future Course of Economic

question 1

Multiple Choice

The ability of macroeconomists to predict the future course of economic events:

• A) is no better than the meteorologist's ability to predict the next month's weather.
• B) is much better than the meteorologist's ability to predict the next month's weather.
• C) has gotten worse over time.
• D) is less precise than it was in the 1920s.

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