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.

Question

Quizplus · Accepted Answer

According to the question, Wesley Mitchell coined the term "cycle relative." The cycle relative is defined as the original data in a stage divided by the cycle base. Therefore, option C is the most appropriate choice.

Wesley Mitchell Coined the Concept of a Cycle Relative