If policy makers' ability to forecast the future is limited, their ability to stabilize the economy with fiscal and monetary policy is compromised.

Name: If policy makers' ability to forecast the future is limited, their ability to stabilize the economy with fiscal and monetary policy is compromised.
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Question

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If policy makers cannot accurately forecast the future, they may not be able to implement timely and effective fiscal and monetary policies to stabilize the economy.

If Policy Makers' Ability to Forecast the Future Is Limited