When the Consumer Price Index Is Computed, the Base Year

question 192

True/False

When the consumer price index is computed, the base year is always the first year among the years being considered.

---

Definitions:

Joint

A structure in the human or animal body at which two parts of the skeleton are fitted together, allowing for movement or flexibility.

Bursitis

Inflammation of a bursa, typically one near a joint, causing pain, swelling, and restricted movement.

Lubricating Fluids

Substances applied between surfaces to reduce friction, wear, and heat generation, enhancing the longevity and efficiency of mechanical systems.

Inward Curvature

The bending or curving of a structure towards the inside or center.