Question

In index number of which price of year assumed to be 100?​

Answer 1

Explanation:

To convert the money spent on the basket to a price index, economists arbitrarily choose one year to be the base year, or starting point from which we measure changes in prices. The base year, by definition, has an index value equal to 100.

Answer 2

The price of the year is assumed to be $100$.

Explanation:

The index numbers of which year price is assumed to be $100$ Base year.

Answer:

The price of the year is assumed to be is $100$ based year.