economics
posted by Arlena1998 .
Economic growth patterns decreased sharply from 19901991. Then they rose sharply and gradually leveled off up until 1999. However, inflation dropped steadily from 19901999. It decreased sharply at first and then leveled off from 19941994.
Question 1  Forecast of economic growth have consistently:
1 It over estimated economics growth from19901998
2 Underestimated economic growth from 19901998
3 Overestimated economic growth from 19961999
4 Underestimated economic growth from 19961999
Question 2 (Forecast of economists):
1. overestimated economic growth 1991998.
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
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