Examlex
Please discuss three different areas the authors point to as directions for future research.
Real Income
Income adjusted for inflation, reflecting the actual purchasing power of money received.
Consumer Price Index
The Consumer Price Index (CPI) measures changes in the price level of a market basket of consumer goods and services purchased by households.
Bundle
A group of products or services sold together as a single package, often offered at a discounted price compared to purchasing each item individually.
Base Year
The base year is a specific year against which economic or financial indices are measured, allowing for comparison across different periods by setting a standard reference point.
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