A forecasting method Essay

1. Which of the following barometric indicators would be the most helpful for presage future sales for an industry?2. The use of quarterly data to develop the forecasting model Yt = a +bYt1 is an example of which forecasting technique?3. Consumer expenditure plans is an example of a forecasting method. Which of the general categories outstrip described this example?4. The type of economic indicator that can best be employ for affair forecasting is the5. An example of a time series data set is one for which the6. If two option economic models are offered, other things equal, we would7. European Union mash costs exceed U.S. and British labor costs primarily because8. If Ben Bernanke, Chair of the Federal Reserve Board, begins to tighten monetary policy by lift US interest rates next year, what is the likely impact on the value of the dollar?9. If the British pound () appreciates by 10% against the dollar10. An appreciation of the U.S. dollar has what impact on Harley-Davidson (H D), a U.S. shaper of motorcycles?11. Companies that reduce their margins on export products in the face of appreciation of their home currency may be motivated by a desire to12. In an open economy with few capital restrictions and comfortingimport-export trade, a rise in interest rates and a decline in the producer charge index of inflation will13. Trading partners should specialize in producing goods in accordance with comparative advantage, consequently trade and diversify in consumption because14. Marginal revenue product is be as the nub that an additional unit of the variable input adds to ____.15. The marginal product is specify as16. Which of the following is neer negative?17. The combinations of inputs costing a constant C dollars is called18. The marginal rate of technical substitution may be defined as all of the following except 19. Marginal factor cost is defined as the amount that an additional unit of the variable input adds to ____.20. If TC = 321 + 55Q 5Q2, then average total cost at Q = 10 is21. The cost function is22. What method of inventory valuation should be used for economic decision-making problems?23. For a short-run cost function which of the following statements is (are) not true?24. According to the speculation of cost, specialization in the use of variable resources in the short-run results initially in25. ____ are defined as costs which are incurred regardless of the alternative action chosen in a decision-making problem.