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What should you do next if chi-square is significant?
CPI
The Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, used as an indicator of inflation.
Price Level
An index that measures the average prices of goods and services in an economy over a period of time.
Given Up
The cost of forgoing the next best alternative when making a decision, also known as opportunity cost.
Looking For Work
The activity engaged in by individuals who are seeking employment, often considered a measure of labor market activity.
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