What is meant by the cycle base?
A) the original data in a stage divided by the cycle relative.
B) the capacity utilization during the initial trough.
C) the average of an economic series for one whole cycle.
D) the lowest point of the cycle.

Question

Quizplus · Accepted Answer

Cycle base refers to the average value of an economic series for one complete cycle or period, including both the peak and trough.

What Is Meant by the Cycle Base