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If the price index is P1 in one year and P2 in the next year,the inflation rate from one year to the next is calculated as
Asian Americans
A diverse group of people in the United States with ancestral roots in Asia, often studied in demographic and consumer behavior research.
Consumer Group
A cluster of individuals or households with similar needs, preferences, or purchasing behaviors, often targeted by marketers for specific products or campaigns.
Income Disparity
The unequal distribution of income among different groups of people, often leading to economic and social inequalities.
Upper-Income Groups
Segments of the population with higher than average income levels, usually associated with greater purchasing power and consumption patterns.
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