Abhinav.arjun47 Moradabad, India 1k Questions 2k Answers 14 Best Answers 4k Points View Profile 0 Abhinav.arjun47 Asked: May 7, 20202020-05-07T03:34:33+05:30 2020-05-07T03:34:33+05:30In: General What do you understand by choice of the based period? 0 What do you understand by choice of the based period? general question Share Facebook 1 Answer Voted Oldest Recent Charu New Delhi, 602 Questions 2k Answers 4 Best Answers 2k Points View Profile Charu Added an answer on May 7, 2020 at 11:27 am Base period refers to the benchmark against which economic data from other periods is measured. This allows practitioners to spot changes in price levels which are not driven by fluctuations in inflation. 0 Reply Share Share Share on Facebook Share on Twitter Share on LinkedIn Share on WhatsApp Leave an answerLeave an answerCancel reply Featured image Select file Browse Save my name, email, and website in this browser for the next time I comment.