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Five statements are given below, labelle...

Five statements are given below, labelled a,b,c,d and e. Among these, four statements are in logical order and form a coherent paragraph/passage. From the given options, choose the option that does not fit into the theme of the passage.

A

A look at the historical data on forecasts made by the IMF in its World Economic Outlook (WEO) reports seems to suggest that optimism bias may be the bigger culprit.

B

The large negative forecast errors in the recession years skewed the historical averages.

C

Over the past few years, the growth forecasts made by the International Monetary Fund (IMF) have displayed one consistent pattern.

D

Has predicting the fate of the global economy become more difficult in a volatile post-crisis world, or does the IMF suffer from an inherent optimism bias ?

Text Solution

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The correct Answer is:
D

This statement differs form IMF's optimism bias.
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