Question: To measure relative change over time in a variable, Multiple choice question. an index is calculated by taking the ratio of the the previous period

To measure relative change over time in a variable, Multiple choice question. an index is calculated by taking the ratio of the the previous period to the current period for each new period. an index is calculated by choosing a base period and multiplying the base value by the current value. an index is calculated by subtracting a base period from the current period. an index is calculated by choosing a base period and taking a ratio of the current period to the base period

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