Examlex
What process allows evolution to ʺexperimentʺ with genes to create novel functions? How is this manifested in extant genes (presently existing) and their relationships to each other?
Paasche Index
An index used to measure price level changes over time by comparing the current price of a basket of goods to its price in a base year, weighting the current period quantities.
Current-Year Prices
Prices of goods and services measured during the same year of analysis, not adjusted for inflation.
Base-Year Quantities
Quantities of goods and services in a specific base year used for comparison or calculation purposes in economic analysis.
Laspeyres Index
A measure of the change in the cost of purchasing a specified set of goods and services over time, using the quantities bought in a base period as weights.
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