Why are economic forecasts often inaccurate? Why is this challenge to monetary policy?

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Macroeconomics

ISBN: 9780132109994

1st Edition

Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty

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Question Posted: Feb 04, 2016 06:52 AM

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Why are economic forecasts often inaccurate? Why is this challenge to monetary policy?

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A central bank must often act before the severity of a shock is apparent in economic data Thi...View the full answer

Macroeconomics

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