Examlex
By 1890, what was characteristic of American expansionist efforts?
Preferences
In economics, this refers to the subjective tastes and likes of individuals, which influence their choices among various goods and services.
Prices
The financial amount expected, required, or supplied as remuneration for an item.
Income
Money received on a regular basis from work, property, investments, business ventures, and other sources, used to fund consumption and savings.
Laspeyres Index
A price index used to measure the change in the cost of purchasing a fixed basket of goods and services of the same type and quantity over time.
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