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प्रश्न
What does the food basket mean with reference to inflation?
थोडक्यात उत्तर
उत्तर
The term "food basket" refers to a collection of diverse food products that should be included in a person's diet in order to meet his daily nutritional needs. The food basket is usually prepared with the intention of calculating the inflation that has occurred in the food products. The measurement of changes in food prices is necessary of examine the change in food prices as well as their impact on the overall price level.
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