Examlex
To share a presentation through Office Mix,
WARP
An abbreviation for the Weak Axiom of Revealed Preference, a concept in economics that relates consumer choice to their preferences.
Bundle
A combination of goods or services that is considered together as a single composite good.
Laspeyres Price Index
An index used to measure the change in the cost of purchasing a fixed basket of goods and services over time, using the prices from the base period as weights.
Base Year
A specific year against which economic or financial data is compared, often used to calculate indices or real growth rates.
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