Illustrate what should you be asking about the forecast


GDP forecast and Inflation.

1. If I told you that GDP was forecast to rise by a bit more than 3% over the next year, what would that mean to you? Illustrate what should you be asking about the forecast?

2. Can you think of ways in which inflation may be a positive vs. a negative?

 

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Business Economics: Illustrate what should you be asking about the forecast
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