Question

2.2
Why does a business cycle diagram serve as a forecasting model?

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Answer 1

Answer:

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Explanation:

Business managers rely on economic forecasts, using them as a guide to plan future operating activities. ... Understanding what the future holds is also important for government officials, helping them to determine which fiscal and monetary policies to implement.

Answer 2

Answer:

Business managers rely on economic forecasts, using them as a guide to plan future operating activities. ... Understanding what the future holds is also important for government officials, helping them to determine which fiscal and monetary policies to implement.

Explanation:

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