Lesotho is landlocked within the Republic of South Africa
the new base year of cso for estimating N.I ?
1993-94
A base year is a year chosen for comparison with other years, such as for statistical analysis and price indices - usually given a base value of 100 in order to make percentage comparisons easier.
A base year is a year chosen for comparison with other years, such as for statistical analysis and price indices - usually given a base value of 100 in order to make percentage comparisons easier.
in this a normal year of the recent past is taken as the basse year n the prices of current year are compared with the prices of the same items of base year.
The base-year value is ordinarily shown as a percentage with the percentage symbol omitted, often 100.0. An example might be Base Year percentage 100.0 and Current Value 139.9.
The last short wheel base was the 2007 model year.
That same year
Real GDP is calculated as prices in the "base year" times quantities in the current year. You need to know about base year.
First take a base year. It has to be a normal year when no natural calamity took place and the value decided to all the goods is 100. Changes in the prices are measured as a percentage of the base year prices and then index numbers have to be calculated according to the changes. The answer to the current year is measured with the base year. The increase in the answer of the current year is the inflation rate.
[(expenditures ratio with year 1 base year + expenditures ratio with year 2 base year)/2] - 1 For example the growth with year 1 base year is 13%; the growth with year 2 base year is 8%. The formula in numbers would look as follow: [(1.13 + 1.08)/2] - 1 = .105 or 10.5% growth. (Notice where I got 1.13 and 1.08 from, also notice that this is after the constant-dollar real GDP is calculated. Hope this helps!