Economic forecasting is not perfect,
A)so this means that any attempt to do so should be abandoned.
B)but this does not mean no attempt should be made to make forecasts.
C)because the information on which it is based is always inaccurate.
D)it is only based on normative information not positive information.

Question

Quizplus · Accepted Answer

Although economic forecasting is not perfect, it is still important to make attempts at forecasting as it provides valuable information for decision making. It is true that the information on which it is based is not always accurate, but it is not true that it is only based on normative information.

Economic Forecasting Is Not Perfect