In recent times,businesspeople have become more confident in the ability of economists to provide valid and reliable predictions about the world's economic environment.

Question

Quizplus · Accepted Answer

There is no clear evidence to suggest that businesspeople have become more confident in the ability of economists to provide accurate economic predictions. Economic forecasting is still subject to a high degree of uncertainty and variability, and many business leaders may prefer to rely on their own experiences and insights when making decisions about the future of their companies. Additionally, there have been several high-profile incidents in recent years where economists and financial experts failed to predict major economic events, such as the global financial crisis of 2008.

In Recent Times,businesspeople Have Become More Confident in the Ability