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Answer:
Select a base period, divide analysis period amount by the base period amount and multiply that amount by 100.
Explanation:
In Financial accounting, trend percentages also known as the index numbers, are typically used for comparing financial statements over a period of time, owing to the fact that they give trends and changes occurring through time with respect to a base period.
To compute trend percentages the analyst should select a base period, divide analysis period amount by the base period amount and multiply that amount by 100.
Trend percentages are similar to the horizontal analysis but are calculated in relation to base period or year.
Changing in response to the supply-side policy.
<h3>What causes a movement along the Phillips curve?</h3>
- An increase in AD is a shift from point A to point B. Inflation rises, and the jobless rate falls when AD rises. A shift from point A to point C corresponds to a reduction in AD.
- The Phillips curve is a diagram that illustrates the economic link between the rate of unemployment and the pace at which wages are changing in terms of money. It reflects the belief of economist A. William Phillips that wages tend to increase more quickly when unemployment is low.
- According to the Phillips curve, unemployment and inflation are inversely related. Lower unemployment is correlated with higher inflation, and vice versa.
A movement along the phillips curve shows that the unemployment rate and inflation rate are.
Changing in response to the supply-side policy.
To learn more about the Phillips curve, refer to:
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