Forecasting real GDP is
A) always easy.
B) easy in the long term, but hard in the short term.
C) easy in the short term, but hard in the long term.
D) easiest in terms of predicting turning points.
E) done as well by the average person as by economic forecasters.

Question

Quizplus · Accepted Answer

Forecasting real GDP is easier in the long term, as it involves analyzing and predicting long-term trends and patterns. However, it can be harder in the short term due to unexpected events and changes that can affect the economy.

Forecasting Real GDP Is