Linear Trend Extrapolation Is a Form of Trend Extrapolation in Which

question 58

Multiple Choice

Linear trend extrapolation is a form of trend extrapolation in which the

• A) pattern changes from year to year.
• B) pattern is always a straight line.
• C) slope of the line is tied directly to profits.
• D) shape of the pattern is a hyperbola.
• E) pattern follows an S-shaped curve.

---

Definitions:

Excess Burden

The economic loss to society due to market inefficiencies, often associated with taxes or other government policies that distort market behavior beyond the revenue raised or spending undertaken.

Net Worth

The difference between the total assets and total liabilities of an individual, company, or entity.

Liabilities

Financial obligations or debts that a business or individual owes to others.

Assets

Resources owned by a business or individual that have economic value and can provide future benefits.