The role of the tracking signal when used in forecasting is to a. Determine if the forecast bias is within the acceptable control limits.
<h3>What is the purpose of the tracking signal?</h3>
When events are forecasted, it is not possible that this is done with absolute certainty as there will be some forecast bias. This bias will have to be within a certain range to make the forecasting less risky.
The tracking signal is therefore used to ensure that the range of the forecast bias is within the accepted parameters that were set.
Find out more on the tracking signal at brainly.com/question/13312380.
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Answer: Option (d) is correct
If consumption increases, the AD curve will shift rightward, which will increase the price level.
Explanation:
If the consumption increases in an economy as a result there is a rightward shift in the aggregate demand curve. This shift in the aggregate demand curve lead to increase in the price level as well as in the output level.
Because there is more demand in the economy which gives an advantage for the producer to charge higher price.
<span>Overall trends in the market </span>