Error message
You missed a question.
Primary tabs

predict

on Academic Word List
4
Towards academic reading

Read this paragraph and answer the question below.

Can Economists Predict the Future?

 

At the end of 2007, economists in America made several predictions for the year 2008. They said that the housing market would decline and then in late 2008 it would recover. They also said the value of the dollar would decrease and that the price of oil would remain high. Finally, they claimed that interest rates would be cut.

Below are 3 events that actually happened in 2008. Which of these events were correctly predicted in the above paragraph?

Choose the 2 correct answers.  

The price of oil stayed high and then fell.

Interest rates were reduced several times.

The dollar rate went down against all currencies.