When the Seasonal Index Value Is 1,what Is the Interpretation

question 60

Multiple Choice

When the seasonal index value is 1,what is the interpretation of the value?

• A)Seasonality increases demand in this period.
• B)Seasonality has no effect on demand in this period.
• C)Seasonality decreases demand in this period.
• D)Seasonality increases demand by 1 unit.
• E)Seasonality decreases demand by 1 unit.

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Definitions:

Focal Date

A specific date used as a reference point for calculations in financial transactions, especially in annuities and other periodic payments.

Maturity Value

The amount payable to an investor at the end of a fixed term investment, including the principal and any accrued interest.

Simple Interest Rate

The interest rate applied to the principal amount only, without compounding over a period.

Failed To Make

Refers to the inability or omission of completing a particular action, such as making a payment or fulfilling an obligation.