We call changes in terms of percentage relative changes. Economists are often more interested in the relative changes than in the absolute changes of the quantities, because they want to know how certain variables develop. Gevonden op https://toolbooks.mysafetysite.nl/begrippen/begrippenzoeker2a.aspx
We call changes in terms of percentage relative changes. Economists are often more interested in the relative changes than in the absolute changes of the quantities, because they want to know how certain variables develop.