Examlex
What is the name of the following compound?
Utility Function
A mathematical representation of a consumer's preference ranking for a set of goods or services, showing the level of satisfaction or utility derived from each combination of goods.
Doggerel
Verse or words that are poorly written or expressed, often characterized by irregularities or crudeness.
Paasche Price Index
The Paasche Price Index is a consumer price index used to measure the change over time in the prices of a basket of consumer goods and services, weighted by the purchases made in the current period.
Doggerel
A term unrelated to economics, referring to irregularly or poorly constructed verse, often of a humorous or trivial nature.
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