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An Example of the Outlet Substitution Bias in the Calculation

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An example of the outlet substitution bias in the calculation of the CPI is a price increase in


Definitions:

Signal Transduction

Signal Transduction is the process by which a cell converts one kind of signal or stimulus into another, involving a sequence of biochemical reactions inside the cell, which are carried out by enzymes and linked through second messengers.

Reception

In biological terms, it relates to the process by which cells detect and respond to signals from their environment, often involving molecules binding to receptors on the cell surface.

Signal Transmission

The process by which information is conveyed from one part of a cell, organism, or device to another through various means like electrical or chemical signals.

G Protein

A protein that binds the energy-rich molecule GTP, involved in transmitting chemical signals from outside the cell to its interior.

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