According to the Economics in Action Box Which of the Following

Multiple Choice

According to the Economics In Action Box Which of the following statements about the Blue Chip Consensus forecast is true?

A) The forecast is criticized if it differs much from a government forecast.
B) The 2010 forecast was very different from what actually happened in 2010.
C) The 2001 forecast was very accurate because it took into consideration all the negative shocks that occurred in 2001.
D) There are times,such as in 2010,that the forecast is accurate and times,such as in 2001,when the forecast is not accurate.
E) The forecast is known for being accurate at all times.