An economic forecast:
a. will always be true.
b. is more reliable than a weather forecast.
c. will never provide valuable information.
d. should not be relied upon to predict economic events.
e. is always based upon a Ceteris paribus condition.
e
Economics
You might also like to view...
If the demand for a product is perfectly inelastic, a decrease in the price of the product
A) will increase total revenue. B) will decrease total revenue. C) will not change total revenue. D) any of the above are possible.
Economics
A nation's saving equals its ________ income less its spending on ________.
A. real; investment B. nominal; net taxes C. nominal; investment D. current; current needs
Economics