English, asked by shaheeranu956, 1 month ago

Base year will be of?

Answers

Answered by divyanshi13161
1

Answer:

The base year is the year in which an index is set to 100. While computing macroeconomic numbers such as inflation or economic growth rates, indices are used. To monitor prices, the statistical agencies of the government will choose a basket of goods, and set the value of this basket to 100, for a chosen base year.

Similar questions