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 52 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
Great answer, keep it coming :)

emsimon14

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

The Hippocampal Formation and Long-Term Potentiation The Hippocampal Formation and Long-Term Potentiation
Varieties of Long-Term Memory Varieties of Long-Term Memory
How Long Does Poverty Last? How Long Does Poverty Last?
Long-term Potentiation in the granule cell layer of the rat hippocampal dentate gyrus. (Traces ... Long-term Potentiation in the granule cell layer of the rat hippocampal dentate gyrus. (Traces ...
Satellites in Weather Forecasting Satellites in Weather Forecasting
How long does exercise affect blood sugar? How long does exercise affect blood sugar?
Video: How do the different types of chromatography work? (No Audio)

For a complete list of videos, visit our video library