Examlex
Define the following terms
-micro-level theory
CPI Rose
Refers to an increase in the Consumer Price Index, indicating that the average prices of consumer goods and services have gone up, often a measure of inflation.
$7 Per Hour
A specified wage rate where an individual or worker is paid seven dollars for each hour worked.
Purchasing Power
The economic value of a currency depicted by the number of goods or services obtainable by a single monetary unit.
US$ Per C$
The exchange rate that defines how much one can buy in US dollars (US$) with one Canadian dollar (C$).
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