A way of developing forecasts based on general economic conditions, typically projected gross national product (GNP) in constant dollars along with projections of consumer and wholesale price indexes, interest rates, unemployment levels, and federal government expenditures is known as __________.
A) top-down approach
B) breakdown approach
C) bottom-up approach
D) build-up approach

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The Answer of A way of developing forecasts based on general economic conditions, typically projected gross national product (GNP) in constant dollars along with projections of consumer and wholesale price indexes, interest rates, unemployment levels, and federal government expenditures is known as __________.
A) top-down approach
B) breakdown approach
C) bottom-up approach
D) build-up approach

A Way of Developing Forecasts Based on General Economic Conditions