When Studying Economic Data,and When Comparing the Magnitude of Changes

question 128

Multiple Choice

When studying economic data,and when comparing the magnitude of changes in variables with different scales it is best to

• A)compare the absolute data on each variable.
• B)compare the relative data on each variable.
• C)express each variable as an index number.
• D)express each variable as a logarithmic number.
• E)use only time-series data.

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