Please analyze the attached article© BrainMass Inc. brainmass.com October 1, 2020, 9:50 pm ad1c9bdddf
This article is discussing the problem of forecasting economic growth. Forecasting economic growth or getting and idea as to where the economy is headed is important for many people for many reasons. Consider the following examples, an investor in stocks needs to know if there will be economic growth in the country and what will be the rate of economic growth so that he receives a good return. A person embarking on a small business needs to know if there will be economic growth in future so that his business succeeds. An employee needs to know if the economy will grow and so his future is secure in the company. An existing business is interested in knowing if the economies will ...
This answer provides you an excellent discussion on forecasting economic growth.