An economic forecast is a forecast that considers the business cycle by foreseeing planning indicators. a projection of the economy.
<h3>What do you mean by business forecasting?</h3>
A projection of an industry's or firm's future developments made using historical and current data trends and patterns is known as business forecasting.
Types of forecasting :
- Economic,
- the labor market, and
expectations are the three categories.
Thus,
The technique of forecasting the state of the economy using a variety of frequently used indicators is known as economic forecasting.
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Answer:
marketable service product
Explanation:
A company that allows you to license software monthly to use online is an example of. ... A company that allows you to license monthly to use online is an example of what these companies consider to be a “marketable service” product.
Answer:
See attached picture.
Explanation:
See attached picture for explanation.
According to growth accounting studies, investing in research and education is the best way to achieve greater technological progress.
<h3 /><h3>What is growth accounting?</h3>
It corresponds to a metric to identify which are the factors that most impact economic growth, also finding the rate of technological progress of a business.
Therefore, the greater investment in research and education, the more effective growth accounting measurements will be for identifying technological progress.
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