The base period is a year
A. From which data were first collected.
B. In which a series of data reaches an extreme (high or low) point.
C. From which the latest data is available.
D. Used for comparing the data for other years.
Answer: D
You might also like to view...
Refer to the accompanying table. The law of diminishing marginal returns becomes evident after ________ units of output are produced. Output Per DayNumber of Employees Per Day00331662994132716511
A. 99 B. 33 C. 132 D. 66
From uncovered interest parity, we know that when the domestic currency is expected to depreciate, the domestic interest rate should be
A) greater than the foreign interest rate B) greater than the foreign return C) less than the foreign interest rate D) less than the foriegn return
A concentration ratio measures the
A. Dollar value of total industry output produced by the largest firms. B. Proportion of industry output produced by all firms. C. Dollar value of total industry output produced by all firms. D. Proportion of total industry output produced by the largest firms.
In a production possibilities frontier model, a point ________ the frontier is productively inefficient
A) outside B) at either intercept of C) inside D) along