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List three different price indices and explain how they differ in terms of the market basket on which they are based.
Cloud
Network of servers on the internet that store, manage, and process data, providing computing resources over the Internet.
Smartphone
A mobile phone that combines cellular and mobile computing functions into one unit, typically featuring a high-resolution touchscreen, internet connectivity, and the ability to run various software applications.
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The study or use of systems for storing, retrieving, and sending information, primarily involving computers and telecommunications.
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Mobile devices are portable electronics capable of running applications and connecting to the internet, such as smartphones and tablets.
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