When Computing Trend Percentages

question 102

Multiple Choice

When computing trend percentages:

• A)the current year is always equal to 100%.
• B)the base year is always the latest year.
• C)the base year is always equal to 100%.
• D)the base year is equal to the current year plus the previous year divided by two.

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Definitions:

Working Lifetime

The total span of years in an individual's life during which they are engaged in paid work or employment.

High School Graduates

Individuals who have successfully completed the curriculum requirements of secondary education and have been awarded a diploma.

Social Trends

Patterns of behavior, attitudes, or preferences in society that are widespread and evolve over time, significantly influencing consumer behaviors and societal norms.

Consumer Values

The principles and standards that individuals consider important and prioritize when making purchasing decisions.