Link relative = ________________?
Correct answer: C. Pn/ Pn-1 x100
- A. Pn/Po x 100
- B. Pn/Po x 100
- C. Pn/ Pn-1 x100
- D. Pn/P1 x 100
Explanation
A link relative compares the current period with the immediately preceding period, so it is Pₙ/Pₙ₋₁ × 100. Pₙ/P₀ × 100 is a fixed-base relative, not a link relative.
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