Time-series methods:
A)use a series of data observations at a single point in time.
B)combine economic theory with mathematical and statistical tools to analyze economic relations.
C)use inter-industry linkages to show how changes in the demand for one industry's output will effect all sectors of the economy.
D)none of the above.

Question

Quizplus · Accepted Answer

Time-series methods analyze data points collected or recorded at many points over time, not at a single point in time, and are primarily focused on identifying patterns, trends, and forecasting future values based on historical data. They do not inherently combine economic theory with mathematical and statistical tools to analyze economic relations (that's more aligned with econometrics) nor use inter-industry linkages to show how changes in demand for one industry's output will affect all sectors of the economy (that's more related to input-output analysis).

Time-Series Methods