Economy, asked by maijuta32, 1 month ago

why does a business cycle diagram serves as a forecasting model

Answers

Answered by muhammadshafiq9764
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.

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