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Consumer Price Index
A tool that analyzes the combined weighted price of a mix of consumer products and services, including medical care, transportation, and food, used for calculating inflation rates.
Base Year
A specific year chosen as a standard of comparison for financial or economic data, allowing for the calculation of changes or growth over time.
Teddy Bears
Stuffed toys designed to resemble a bear, often used as comfort objects by children and collectors alike.
Consumer Price Index
A benchmark for assessing the weighted average expenses of various consumer items and services like food, healthcare, and transportation.
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