This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Why is forecasting GDP in the long run so difficult? (Read 46 times)

genevieve1028

  • Hero Member
  • *****
  • Posts: 601
on: Jan 2, 2020
Why is forecasting GDP in the long run so difficult?
◦ These is an absence of data that provides any information on future trends.
◦ There is no regularity in the frequency and amplitude of fluctuations in real GDP.
◦ Current models are not sophisticated enough to conduct this exercise.
◦ Structural and statistical forecasting provide differing results.
◦ There is no expertise in forecasting the long run trend in real GDP.
Macroeconomics, Canadian Edition ¦ Williamson ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by genevieve1028 on Jan 2, 2020

guyanai

  • Sr. Member
  • ****
  • Posts: 349
Reply #1 on: Jan 2, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


genevieve1028

  • Member
  • Posts: 601
Reply 2 on: Jan 2, 2020
Wow, this really help

chjcharjto14

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Components of a long bone. The entire long bone is on the left side accompanied by a blowup of the p Components of a long bone. The entire long bone is on the left side accompanied by a blowup of the p
How long does it take you to see the circles? How long does it take you to see the circles?
Items that would be difficult to replace bearing legal significance are sent by certified mail. Items that would be difficult to replace bearing legal significance are sent by certified mail.
It is difficult for Americans to grasp the depth of the poverty that is the everyday life of ... It is difficult for Americans to grasp the depth of the poverty that is the everyday life of ...
Most PCV valves used on newer vehicles are secured with fasteners, which makes it more difficult ... Most PCV valves used on newer vehicles are secured with fasteners, which makes it more difficult ...
Upper Airflow and Weather Forecasting Upper Airflow and Weather Forecasting
Video: Carbohydrate digestion - mouth and stomach & pancreas and small intestine

For a complete list of videos, visit our video library