Managerial economics applications strategies and tactics 14th edition mcguigan test bank 1

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Managerial Economics Applications Strategies and Tactics 14th Edition McGuigan Test Bank Full download at link: https://testbankpack.com/p/test-bank-formanagerial-economics-applications-strategies-and-tactics-14thedition-mcguigan-moyer-harris-1305506383-9781305506381/ Multiple Choice 1. Time-series forecasting models: a. are useful whenever changes occur rapidly and wildly b. are more effective in making long-run forecasts than short-run forecasts c. are based solely on historical observations of the values of the variable being forecasted d. attempt to explain the underlying causal relationships which produce the observed outcome e. none of the above ANSWER: c POINTS: 1 DIFFICULTY: Easy QUESTION TYPE: Multiple Choice HAS VARIABLES: False NATIONAL STANDARDS: United States - BPROG: Analytic TOPICS: Deterministic Trend Analysis KEYWORDS: BLOOM’S: Knowledge DATE CREATED: 6/21/2016 8:58 AM DATE MODIFIED: 6/21/2016 8:58 AM 2. The forecasting technique which attempts to forecast short-run changes and makes use of economic indicators known as leading, coincident or lagging indicators is known as: a. econometric technique b. time-series forecasting c. opinion polling d. barometric technique e. judgment forecasting ANSWER: d POINTS: 1 DIFFICULTY: Easy QUESTION TYPE: Multiple Choice HAS VARIABLES: False NATIONAL STANDARDS: United States - BPROG: Analytic Copyright Cengage Learning. Powered by Cognero.

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