basket of goods
81Owners' Equivalent Rent - OER — The amount of rent that could be paid to substitute a currently owned house for an equivalent rental property. Owners equivalent rent (OER) is a dollar amount that is published by the U.S. Bureau of Labor Statistics to measure the change in… …
82Purchasing power parity — The notion that the ratio between domestic and foreign price levels should equal the equilibrium exchange rate between domestic and foreign currencies. The New York Times Financial Glossary * * * purchasing power parity purchasing power parity ➔… …
83purchasing power parity — The notion that the ratio between domestic and foreign price levels should equal the equilibrium exchange rate between domestic and foreign currencies. Bloomberg Financial Dictionary * * * purchasing power parity purchasing power parity ➔ parity… …
84indifference curve — graph that depicts the basket of goods that brings a customer the same benefit (Economics) …
85up hill and down dale — literary if you travel up hill and down dale, you travel all over an area. The man carried his basket of goods up hill and down dale …
86consumer theory — The theory explaining the choices made by individuals and households in terms of the concept of utility. Consumers are assumed to be able to order their preferences (see consumer preference) in such a way that they can choose a basket of goods… …
87price level — noun an index that traces the relative changes in the price of an individual good (or a market basket of goods) over time • Syn: ↑price index • Hypernyms: ↑index, ↑index number, ↑indicant, ↑indicator • Hyponyms: ↑ …
88false packed — Goods or commodities, which are sound and merchantable, so packed or loaded, with intent to defraud a purchaser, as to conceal defective or unmerchantable goods or commodities underneath in the same box, basket, barrel, crate, or other container …
89Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …
90Inflation — This article is about a rise in the general price level. For the expansion of the early universe, see Inflation (cosmology). For other uses, see Inflation (disambiguation). Inflation rates around the world in 2007 …
