When a Negative Amount Is in the Base Period and a Positive

question 13

True/False

When a negative amount is in the base period and a positive amount is in the analysis period (or vice versa), a meaningful percent change cannot be calculated.

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Definitions:

Increase

To make or become greater in size, amount, intensity, or degree.

Rent

The payment made by a tenant to use property owned by someone else for a predefined period.

Hourly Rate

A set amount that an employee is paid for each hour of work.

Estimate

A rough calculation or educated guess of a figure based on available information.