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The Two General Approaches That Economists Take in Trying to Forecast

Question 34

Multiple Choice

The two general approaches that economists take in trying to forecast the near-term future of the economy are


A) to use small-scale physical models and to search for leading indicators.
B) to use large-scale econometric models and to search for lagging indicators.
C) to use large-scale econometric models and to search for leading indicators.
D) to use large-scale physical models and to search for lagging indicators.

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