Examlex
Measurement mechanisms should include a clear definition of:
Units of X
The quantity of a particular good or service being referred to or utilized in an economic context.
Original Bundle
In economics, this refers to a specific combination of goods that a consumer initially chooses given their budget and prices.
Price Rise
An increase in the cost of goods or services, typically signifying inflation or market changes.
Budget Line
A graphical representation that shows all possible combinations of two goods that can be purchased with a given income and prices.
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