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A hypothetical group of different items with specified quantities of each one meant to represent a typical set of consumer purchases. Used as a basis
A hypothetical group of different items with specified quantities of each one meant to represent a "typical" set of consumer purchases. Used as a basis for calculating how the price level changes over time
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Foundations of Macroeconomics
Authors: Robin Bade, Michael Parkin
8th edition
134492005, 978-0134492001
