Inflation can distort data that are compared over time so purely inflationary effects should be removed.

Name: Inflation can distort data that are compared over time so purely inflationary effects should be removed.
Brand: Quizplus
Rating: 4.7 (44 reviews)

Question

Quizplus · Accepted Answer

Inflationary effects can cause prices to rise over time, which can create a false sense of growth or decline in certain data. Therefore, it is important to remove inflationary effects when comparing data over time in order to accurately assess changes in performance or trends.

Inflation Can Distort Data That Are Compared Over Time So