All of the following tend to make economic policymaking difficult and inexact except the:
A)lack of precise knowledge about the state of the economy.
B)inability to develop statistical models of the economy.
C)lack of knowledge about the future course of the economy if no policy changes are implemented.
D)imprecise knowledge of the level of potential output.

Question

Quizplus · Accepted Answer

Statistical models of the economy can be developed, although they may not always be perfect or fully accurate.

All of the Following Tend to Make Economic Policymaking Difficult