Examlex
Microthermal climates are characterized by increasing seasonality and greater daily and annual temperature ranges.
Base Year
A specific year against which economic growth or other financial figures are measured and compared.
Paasche Index
An index used to measure price level changes over time by comparing the current price of a basket of goods to its price in a base year, weighting the current period quantities.
Current-Year Prices
Prices of goods and services measured during the same year of analysis, not adjusted for inflation.
Base-Year Quantities
Quantities of goods and services in a specific base year used for comparison or calculation purposes in economic analysis.
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