A forecasting approach that uses macroeconomic data (inflation, GNP growth, and the money supply) to forecast long-term exchange rates is called ______.
A) expert analysis
B) fundamental analysis
C) market-based analysis
D) spectral analysis
E) technical analysis

Question

Quizplus · Accepted Answer

Fundamental analysis involves using macroeconomic data to forecast long-term exchange rates. Expert analysis refers to the opinion of professionals in the field, while market-based analysis and technical analysis focus on market trends and patterns rather than macroeconomic factors. Spectral analysis is a statistical technique used in time series analysis.

A Forecasting Approach That Uses Macroeconomic Data (Inflation, GNP Growth