Examlex
The mode of a distribution of responses is the middle response in the distribution,meaning half of the responses are larger and half of the responses are smaller than the mode.
Purchasing Power Parity
An economic theory that compares different countries' currencies through a "basket of goods" approach, to assess the relative value of currencies and the cost of living.
Disposable Income
Disposable Income is the amount of money that households have available for spending and saving after income taxes have been accounted for.
Baby Boomers
The demographic cohort following the Silent Generation, born approximately between 1946 and 1964, known for being the result of the post-World War II baby boom.
Baby Boomers
The demographic group born during the post-World War II baby boom, approximately between the years 1946 and 1964.
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