Many people perceive erroneously that most macroeconomists spend a lot of time engaged in
A)forecasting.
B)macroeconomic research.
C)macroeconomic analysis.
D)data development.

Question

Quizplus · Accepted Answer

While forecasting is an important aspect of macroeconomics, most macroeconomists spend a considerable amount of time engaged in macroeconomic research, analysis, and data development. Therefore, choice A is incorrect as it implies that forecasting is the primary task of macroeconomists.

Many People Perceive Erroneously That Most Macroeconomists Spend a Lot