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Consumer Price Index
A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, used to estimate inflation.
Economy's Production
The total output of goods and services produced by a country's economy over a specific period.
Goods And Services
The output produced by economic activities which are either tangible products or intangible acts benefiting individuals or society.
Price Level
A metric that represents the typical prices of goods and services in an economy at a given time.
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