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Index 1980 equals 100 is a way of expressing a price index where the year 1980 serves as the base year. This means that the value of the index in 1980 is set at 100, and subsequent years are measured relative to this baseline. For example, an index value of 120 in 2020 would indicate a 20% increase in the measured variable compared to 1980. This method is commonly used to analyze inflation, economic growth, or changes in prices over time.

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3d ago

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