Examlex
In classical conditioning, the stimulus that normally triggers a naturally occurring response is termed the unconditioned stimulus.
WARP
The Weak Axiom of Revealed Preference, a concept in microeconomics that asserts if a consumer prefers bundle A over bundle B when both are affordable, then the consumer will not choose B over A when B's price decreases making it more affordable.
Bundle
A group or collection of items that are offered together as a single package.
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.
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