The best economic models
A) are complex.
B) are chosen by secret ballot.
C) make a profit.
D) cannot be quantified.
E) forecast accurately.

Question

Quizplus · Accepted Answer

Accurate forecasting is one of the most important aspects of economic models, as it allows policymakers and businesses to make informed decisions based on expected outcomes. Therefore, the best economic models are those that can forecast accurately.

The Best Economic Models