Author Question: An economic forecast: a. will always be true. b. is more reliable than a weather forecast. c. ... (Read 73 times)

natalie2426

  • Hero Member
  • *****
  • Posts: 524
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.

Question 2

The term Ceteris paribus means that:
 a. the model includes all important variables occurring in the real world.
  b. all factors which influence the event are changing at the same time.
  c. one influence is changing and everything else is being held constant.
  d. the consumer is king.



itsakadoozi

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

e

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

For a complete list of videos, visit our video library