AA

Question 1

Framework for CME

Answer 1

1. Specify the set of expectations needed
   2.research historical record 3. Specify methods 4. Determine best source info. 5. Interpret the current investment environment applying experience and judgement. 6. Provide expectations documenting conclusions. 7. Monitor actual outcomes 

Question 2

Does high frequency data improve precision?

Answer 2

Although higher-frequency data improve the precision of sample variances, covariances, and correlations, they do not improve the precision of the sample mean.

Question 3

Exogenous shocks to growth

Answer 3

Policycharges, new tech, geopolitics, natural disasters, natural resources, financial crisis

Question 4

Growth from labor inputs.

Answer 4

Growth in potential labor force size and growth in labor force participation

Question 5

Growth from labor productivity .

Answer 5

Growth from.increasing capital inputs and growth in total factor productivity

Question 6

Aggregate trend growth

Answer 6

Growth from labor inputs and growth from labour productivity