Forecasts based on an economic theory as opposed to historical data are called
A) causal econometric forecasts.
B) non-time-series forecasts.
C) dummy forecasts.
D) explanatory variable forecasts.
A
Economics
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During an economic expansion, real GDP ________ and unemployment ________
A) increases; increases B) increases; decreases C) decreases; increases D) decreases; decreases
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Perfect capital mobility mixed with floating exchange rates means that
A) fiscal spending is completely ineffective. B) monetary policy is completely ineffective C) neither fiscal nor monetary policy will be effective. D) both fiscal and monetary policies efficiencies will be maximized.
Economics