posted by Arlena1998 on .
Economic growth patterns decreased sharply from 1990-1991. Then they rose sharply and gradually leveled off up until 1999. However, inflation dropped steadily from 1990-1999. It decreased sharply at first and then leveled off from 1994--1994.
Question 1 - Forecast of economic growth have consistently:
1- It over estimated economics growth from1990-1998
2- Underestimated economic growth from 1990-1998
3- Overestimated economic growth from 1996-1999
4- Underestimated economic growth from 1996-1999
Question -2 (Forecast of economists):
1. overestimated economic growth 199-1998.
2- underestimation inflation.
3- generally been accurate on inflation.
4- been less accurate than forecasts of economic growth.
5- been as accurate as those for economic growth.
2 and 1