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It is possible to accurately predict when changes will occur in the economy?
Wiki User
∙ 15y ago
If Ur taking FLVS, Its FALSE!! I put true and got it wrong, so its False!!
Wiki User
∙ 15y ago
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Do economists predict future changes in the economy?
yes!
To describe explain and predict changes in the price and quantity of goods sold?
Laws of Supply and Demand explain and predict changes in the price and quantity of goods sold.
Do economic models always accurately predict economic behavior?
No, economic models don't always predict economic behavior because models are based on assumptions, or things that we take for granted as true.
Is EPA fuel economy listed on sticker fixed?
No. Fuel economy is influenced by many factors such as driving conditions, driving habits and of course vehicle condition. It is impossible for one set of estimates to predict fuel economy precisely for all drivers in all environments. (From motoroilmatters.org)
Why is a constant inflation rate less harmful to an economy than a rate that fluctuates a lot?
Because it provides stability and it is easier to predict. This makes it easier for business to plan (especially banks) what they will do in the future. Uncertainty is sometimes just as bad as a shrinking economy.
Is it possible to predict Geohazards?
Yes but not accurately.
What is the predictions towrds are economy?
Economy is influenced by several factors. It is difficult to predict economy accurately and based on several parameters economists could predict it to some extent only.
Do economists predict future changes in the economy?
yes!
How accurately can you predict water temperature?
You can predict water temperature accurately by using a water thermometer.
It is possible to accurately predict the sex of a particular offspring?
yes beacuse male has xyand female have xyx
Why is it so important to be able to accurately predict tornadoes?
With accurate predictions it can be possible to warn people about a possible tornado and give them a chance to get to safety.
It possible to accurately predict the sex of a part icular offspring what orwhy not?
No because you don’t know what the speed detmerman’s
Did the myans predict the weather?
Not accurately.
What does Key Leading Indicators Mean?
A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators are used to predict changes in the economy, but are not always accurate.
How can you predict a satellite's course?
By knowing precisely the masses of nearby objects, it is possible to calculate quite accurately how gravity will affect a satellite.
Will Random sample always accurately predict the outcomes of an entire population?
No. Only a census can ACCURATELY predict the outcomes: a random sample cannot.
Why is it important to accurately predict the possible formation and path of a hurricane?
Simply to warn people in its projected pathway to take precautions or evacuate the area.
