Author Question: The method of forecasting with leading indicators can be criticized for A) occasionally ... (Read 32 times)

Capo · **on:** Jul 1, 2018

The method of forecasting with leading indicators can be criticized for

A) occasionally forecasting a recession when none ensues.
B) forecasting the direction of the economy but not the size of the change in economic activity.
C) frequent revisions of data after original publication.
D) All of the above

Question 2

Empirical evidence from electric-power-producing firms suggests that the largest electric-power-producing firms are not natural monopolies because

A) the average cost curve for these firms is U-shaped.
B) no electric-power-producing firms are natural monopolies.
C) the largest firms enjoy economies of scale.
D) the designation of natural monopoly can only be bestowed by the government.