Examlex
Which of the following statements concerning enzyme chemistry is/are correct?
1) Enzymes are biological catalysts.
2) A reaction occurs when substrate binds the enzyme active site.
3) Enzymes catalyze multiple types of reactions.
Base Year
A reference year against which economic growth, price levels, and other data are measured over time.
Consumer Price Index
An economic indicator that measures the average change over time in the prices paid by consumers for a basket of goods and services.
Basket's Cost
The total expense of a selected set of goods and services over a period, often used to measure inflation.
Base Year
A reference year used for comparative financial analysis in which indices or prices are normalized to 100.
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