True or false: econometric models are used to predict future economic activity.

TRUE

Explanation:

Econometric models are statistical tools that enable economists to make predictions about the behavior of economic indicators in the future. These models are increasingly sophisticated and their reproduction requires scientific knowledge and methodological rigor. Typically, these models predict recessions, unemployment, income variations, and various other indicators with great accuracy.

the chart shows a production possibilities schedule for sabrina’s soccer.

the schedule shows the - combination-   of goods the business can produce.

for edgenuit.

changes in factors like average income and preferences can cause an entire demand curve to shift right or left. this causes a higher or lower quantity to be demanded at a given price. demand curves relate the prices and quantities demanded assuming no other factors change. it is important for consumers to know this information, because it is crucial for them to know what they can afford and can't afford. i hope this .