Examlex
What is the value displayed in a cell that contains the formula =15*4/6?
Standard of Living
The level of wealth, comfort, material goods, and necessities available to a person or community.
Inflation Rate
The progression speed at which the cost of general goods and services increases, diminishing buying power over time.
Consumer Price Index
A metric tracking the average evolution over time in the expenditure of urban consumers on a designated selection of consumer goods and services.
Base Year
A specific year against which economic variables are measured and compared in indices or other economic calculations.
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