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Question
Which of these is not a method of economic forecasting ________________.
Which of these is not a method of economic forecasting ________________.
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Solution
The correct option is B None
Economic forecasting refers to
predicting the imputed values of various economic variables like demand, supply
etc. to develop premises for the economic plans for smooth conduct of
production in the economy according to the plans that aims at achieving growth
and development of the economy. Market survey, expert opinion and statistical method are the tools used for economic forecasting.
Economic forecasting refers to predicting the imputed values of various economic variables like demand, supply etc. to develop premises for the economic plans for smooth conduct of production in the economy according to the plans that aims at achieving growth and development of the economy. Market survey, expert opinion and statistical method are the tools used for economic forecasting.
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