Eco 550 midterm exam Samenvattingen, Aantekeningen en Examens

1. Smoothing techniques are a form of ____ techniques which assume that there is an underlying pattern to be found in the historical values of a variable that is being forecast. 2. The variation in an economic time-series which is caused by major expansions or contractions usually of greater than a year in duration is known as: 3. The type of economic indicator that can best be used for business forecasting is the: 4. If two alternative economic models are offered, other things equal, we would 5...