Economy, asked by DavidSuperior5472, 11 months ago

A rapid increase in the rate of inflation is sometimes attributed to the "base effect". What is "base effect

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Answered by manasvi80150
0

Answer:

the base effect is the distortion in a monthly inflation figure that results from abnormally high or low level s of inflation in the year age month . abase effect can make it difficult to accurately assess inflation levels over time . it diminishes over time if inflation levels are relatively constant

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