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A rapid increase in the rate of inflation is sometimes attributed to the 'Base Effect'. What is 'Base Effect'?

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A rapid increase in the rate of inflation is sometimes attributed to the 'Base Effect'. What is 'Base Effect'? A. It is the impact of drastic deficiency in supply due to failure of crops B. It is the impact of the surge in demand due to rapid economic growth C. It is the impact of the price levels of previous year on the calculation of inflation rate D. None of the above Check Answer Complaint Here As Incorrect Question / Answer

Related Questions A rapid increase in the rate of inflation is sometimes attributed to the 'Base Effect'. What is 'Base Effect'? A. It is the impact of drastic deficiency in supply due to failure of crops B. It is the impact of the surge in demand due to rapid economic growth C. It is the impact of the price levels of previous year on the calculation of inflation rate D. None of the above Check Answer Complaint Here As Incorrect Question / Answer Base rate is the rate below which no bank can allow their lending to anyone.who sets up this 'Base Rate'for banks? A. Individual Banks Board B. Ministry of Commerce C. Ministry of Finance D. RBI Check Answer Complaint Here As Incorrect Question / Answer Base rate is the rate below which no bank can allow their lending to anyone. Who sets up this 'Base Rate' for banks? A. Individual banks' board B. Ministry of Commerce C. Ministry of Finance D. RBI Check Answer Complaint Here As Incorrect Question / Answer A zero rate of inflation obtains necessarily in a year where the annual rate of inflation A. is constant in every week of the year B. is both falling and rising in a year C. is falling in every week of the year D. in every week of the year is zero Check Answer Complaint Here As Incorrect Question / Answer The zero base budgeting in India was first experimented from A. April, 1987 B. April, 2000 C. April, 1991 D. None of the above Check Answer Complaint Here As Incorrect Question / Answer

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