certain period is equal to
те index number for
100, then
->
Answers
Answered by
4
Answer:
base year: arbitrary year whose value as an index number is defined as 100; inflation from the base year to other years can easily be seen by comparing the index number in the other year to the index number in the base year—i.e., 100; so, if the index number for a year is 105, then there has been exactly 5% inflation ...
hope it will help you dear ❣️
Similar questions