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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.

  • economics -

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