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Class 12 Tuition > Learn Economics > What are the desirable properties of the base period?
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What are the desirable properties of the base period?

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Base year is the year of reference from which you wants measure extent of change in the current year and its index no. Generally assumed to be 100
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In Index Numbers, the year of Reference from which the extent of change for the current year is measured is known as Base Year/Period Base year should be stable and with less fluctuations while calculating index numbers
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