__________ trace economic conditions in the United States by industry, with the objective of capturing, in the form of equations, complex interrelationships among the factors affecting either the total economy or the industry's or company's sales.
A) multiple regression
B) trend analysis
C) econometric models
D) input-output models

Question

Quizplus · Accepted Answer

Econometric models are used to trace economic conditions by capturing complex interrelationships among various factors affecting the economy or specific industries, often in the form of equations.

__________ Trace Economic Conditions in the United States by Industry