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Which of the following is not a decision that you would probably encounter in managing your budget?
Cyclically Unemployed
Individuals who have lost their jobs due to downturns in the business cycle or economic recessions, as opposed to structural factors.
Price Index
An index number that shows how the weighted average price of a market basket of goods changes through time.
Market Basket
A selected set of goods and services used to track changes in prices and inflation over time.
Rate of Inflation
The percentage increase in the general price level of goods and services in an economy over a period of time, typically measured annually.
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