Which of the following groups of economic forecasters have been able to forecast "turning points" when the economy turned up or down?
A) Forecasters as the Fed.
B) Forecasters in branches of the government other than the Fed.
C) Forecasters at private firms.
D) None of the above.
E) All of the above.

Question

Quizplus · Accepted Answer

Economic turning points are notoriously difficult to predict, and historically, no group of forecasters, including those at the Fed, other government branches, or private firms, has consistently been able to accurately forecast these turning points.

Which of the Following Groups of Economic Forecasters Have Been