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South African sprinter Oscar Pistorius is put forward in the text as a good example of:
Laspeyres Price Index
A price index that measures the relative price change of a basket of goods and services, using the quantities from the base period.
Per Capita Income
An average income earned per person in a given area (city, region, country) in a specified year, often used as an indicator of the economic health of a region.
Laspeyres Price Index
The Laspeyres Price Index measures the change in the price of a basket of goods and services over time, using the quantities of the base period.
Base Year
A specific year chosen as a point of reference or benchmark for economic or financial calculations, such as indexing or comparing prices.
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