True or False: For a price index,it is preferable to select the base period in a period of economic stability.

Name: True or False: For a price index,it is preferable to select the base period in a period of economic stability.
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Question

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It is ideal to select the base period in a period of economic stability as it provides a more accurate representation of price changes over time. Choosing a base period during a period of high inflation or deflation can skew the index and make it less reliable.

True or False: for a Price Index,it Is Preferable to Select