Math, asked by Niyardas1040, 4 months ago

In simple price index numbers the base period is

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Answered by dsumthidsumthi98302

Answer:

Of the two periods, the period with which the comparison is to be made, is known as the base period. The value in the base period is given the index number 100. If you want to know how much the price has changed in 2005 from the level in 1990, then 1990 becomes the base.

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