Question: Why is forecasting GDP in the long run so difficult? a ) There is no regularity in the frequency and amplitude of fluctuations in real
Why is forecasting GDP in the long run so difficult? a There is no regularity in the frequency and amplitude of fluctuations in real GDP b Structural and statistical forecasting provide differing results. c There is no expertise in forecasting the longrun trend in real GDP d These is an absence of data that provides any information on future trends. e Current models are not sophisticated enough to conduct this exercise.
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