Base Effect always remains in news which of following statement is true about Base Effect ........

Economic Affairs Inflation

Base Effect always remains in news, which of following statement is true about Base Effect:

It is Change in numbers of items for which price quotations are taken

It measures Impact of fuel items on inflation

It is related to Impact of the rise in price level in the previous year over the rise in price levels in the current year

It is related Problems which arises due to miscalculation

Base effect is related to impact of the rise in price level in the previous year over the rise in price levels in the current year

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