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In collectivist cultures:
CPI
This index, named the Consumer Price Index, assesses the cumulative weighted prices of a collection of consumer-related goods and services, with categories including transportation, healthcare, and food.
Property Tax
A tax on property, usually real estate, that owners pay to local governments, based on the assessed value of the property.
Assessed Value
The valuation placed on property by a public tax assessor for purposes of taxation.
Tuition Fee Increases
Refers to the rise in the cost of education at institutions such as universities and colleges over time.
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