The meaning of the prediction made by economists which says that the interest rates will be under 10 percent for the coming 15 years. Introduction: Forecasting is the main function of predicting the future using the information available for decision making. It is a mechanism for planning decisions based on the predicted information.

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Chapter 2.4, Problem 9P

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To explain: The meaning of the prediction made by economists which says that the interest rates will be under 10 percent for the coming 15 years.

Introduction:Forecasting is the main function of predicting the future using the information available for decision making. It is a mechanism for planning decisions based on the predicted information.

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