An anticipated change is an economic occurrence that
A)catches most people by surprise.
B)is foreseen by most economic participants.
C)is anticipated by economists but unforeseen by other people.
D)is foreseen by policy makers but unforeseen by the public.

Question

Quizplus · Accepted Answer

Anticipated change means a change that is expected or foreseen by most economic participants. It is something that they can plan for and adjust to. Therefore, the correct answer is B- anticipated change is foreseen by most economic participants. A, C, and D are incorrect because they suggest that the change is unexpected or unforeseen.

An Anticipated Change Is an Economic Occurrence That