Examlex
The formula for computing interest on a note is: Principal of the note x Annual interest rate x Time expressed in fraction of year.
Laspeyres Price Index
An index that measures the change in the cost of purchasing a fixed basket of goods and services, using the prices of a base period.
Per Capita Income
A measure of the average income earned per person in a specified area over a defined period of time, often used as an indicator of economic health.
WARP
Weak Axiom of Revealed Preference, a theory in economics that assumes if a consumer prefers product A over B when both are available, then they will not choose B when A is available.
Bundle
An assortment of items or services combined and offered for sale as a complete set.
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