Examlex
An active, conscious attempt to put something out of mind, such as not thinking about the bad grade you made on a test last week, is referred to as __________.
CPI
Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, used to estimate inflation.
Base Year
A specific year against which economic growth or other economic indicators are measured, serving as a standard of comparison.
Current Year
Refers to the ongoing calendar year at the time of the statement or document.
Business Cycle Troughs
The lowest point in the business cycle, marking the transition from the end of a recession to the start of an expansion.
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