Economy, asked by JitendraSingh53, 11 months ago

what is meant by "food basket" in terms of inflation

Answers

Answered by Anonymous

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A basket of goods refers to a fixed set of consumer products and services valued on an annual basis. The basket is used to track inflation in a specific market or country. The goods in the basket are often adjusted periodically to account for changes in consumer habits.

Answered by abid146

Explanation:

A basket of goods refers to a fixed set of consumer products and services valued on an annual basis. The basket is used to track inflation in a specific market or country. The goods in the basket are often adjusted periodically to account for changes in consumer habits

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