Chapter III. The Medium Term

Anonymous

National Institute Economic Review, 1979, vol. 90, 35-63

Abstract: Most users of medium-term economic forecasts turn to them because they want to know what the economic future will actually be like, so that they can plan accordingly. Further, a very wide range of alternatives will not be particularly helpful; and many users—given the uncertainties in any case inherent in deducing from a general economic forecast the prospects for an individual firm—prefer a single set of numbers for the medium-term economy.

Date: 1979
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