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What is the primary reason why macro economists attempt to forecast future economic conditions? because automatic...

What is the primary reason why macro economists attempt to forecast future economic conditions?

because automatic stabilizers do not work at all

so that they can best predict how to make profits in the stock market

because there are lags when using stabilization policies

in order to persuade the public that monetary policy is better than fiscal policy
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Answer #1

Macroeconomic stabilization is a condition in which a complex framework for monetary and fiscal institutions and policies is established to reduce volatility and encourage welfare enhancing growth.

Hence if future economic conditions can be forecasted, decisions would be taken accordingly.

Because there are lags when using stabilization policies.

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