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Wesley Mitchell Coined the Concept of a Cycle Relative

Question 7

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Wesley Mitchell coined the concept of a cycle relative. What is a cycle relative?


A) The cycle relative is defined as the average of an economic series for one whole cycle.
B) The cycle relative is defined as the original data in a stage divided by the number of stages.
C) The cycle relative is defined as the original data in a stage divided by the cycle base.
D) The cycle relative is defined as the relative number of stages in a cycle.

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