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Consumer Basket
A market basket or commodity bundle is a fixed list of items, in given proportions. Its most common use is to track the progress of inflation in an economy or specific market. That is, to measure the changes in the value of money over time. A market basket is also used with the theory of purchasing price parity to measure the value of money in different places. Consumer basket The most common type of market basket is the basket of consumer goods used to define the Consumer Price Index (CPI), often called the consumer basket. It is a sample of goods and services, offered at the consumer market. In the United States, the sample is determined by Consumer Expenditure Surveys conducted by the Bureau of Labor Statistics. The price collection is conducted by data collectors on a monthly basis, and is processed further by commodity specialists. Food basket Food basket can refer to any market basket of food products, but is often used when the products are expected to meet basic nut ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
What Makes Up The Basket Of Goods Infographic
What or WHAT may refer to: * What, an English interrogative word * "What?", one of the Five Ws used in journalism Film and television * ''What!'' (film), also known as ''The Whip and the Body'', a 1963 Italian film directed by Mario Bava * ''What?'' (film), a 1972 film directed by Roman Polanski * "What?!", a 2019 episode of the TV series ''Barry'' * "What", the name of the second baseman in Abbott and Costello's comedy routine " Who's on First?" * "What?", the catchphrase of professional wrestler Stone Cold Steve Austin Music * ''what.'', a comedy/music album by Bo Burnham, 2013 * What Records, a UK record label specializing in punk and indie music * What? Records, a US record label Songs * "What" (song), by Melinda Marx, 1965 * "What?" (Rob Zombie song), 2009 * "What?" (SB19 song), 2021 * "What?", by 666 from ''The Soft Boys'' * "What", by Bassnectar from ''Vava Voom'' * "What?", by Corrosion of Conformity from ''Eye for an Eye'' * "What?", by the Move from ''Looking ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iran J Public Health
The ''Iranian Journal of Public Health'' is a monthly peer-reviewed open-access medical journal covering all aspects of public health. It is published by the Tehran University of Medical Sciences and was established in 1971 by Dariush Farhud. Indexing and abstracting The journal is abstracted and indexed in the following bibliographic databases: *CAB Abstracts *CINAHL * Embase *Islamic World Science Citation Database *Science Citation Index Expanded *Scopus *Social Sciences Citation Index According to the ''Journal Citation Reports'', the journal has a 2019 impact factor The impact factor (IF) or journal impact factor (JIF) of an academic journal is a type of journal ranking. Journals with higher impact factor values are considered more prestigious or important within their field. The Impact Factor of a journa ... of 1.291. References External links * {{Official website, http://ijph.tums.ac.ir/index.php/ijph Public health journals Monthly journals English-language journ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Data Mining
Data mining is the process of extracting and finding patterns in massive data sets involving methods at the intersection of machine learning, statistics, and database systems. Data mining is an interdisciplinary subfield of computer science and statistics with an overall goal of extracting information (with intelligent methods) from a data set and transforming the information into a comprehensible structure for further use. Data mining is the analysis step of the " knowledge discovery in databases" process, or KDD. Aside from the raw analysis step, it also involves database and data management aspects, data pre-processing, model and inference considerations, interestingness metrics, complexity considerations, post-processing of discovered structures, visualization, and online updating. The term "data mining" is a misnomer because the goal is the extraction of patterns and knowledge from large amounts of data, not the extraction (''mining'') of data itself. It also is a buzzwo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Market Basket Analysis
Affinity analysis falls under the umbrella term of data mining which uncovers meaningful correlations between different entities according to their co-occurrence in a data set. In almost all systems and processes, the application of affinity analysis can extract significant knowledge about the unexpected trends . In fact, affinity analysis takes advantages of studying attributes that go together which helps uncover the hidden patterns in a big data through generating association rules. Association rules mining procedure is two-fold: first, it finds all frequent attributes in a data set and, then generates association rules satisfying some predefined criteria, support and confidence, to identify the most important relationships in the frequent itemset. The first step in the process is to count the co-occurrence of attributes in the data set. Next, a subset is created called the frequent itemset. The association rules mining takes the form of ''if'' a condition or feature (A) is prese ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Big Mac Index
The Big Mac Index is a price index published since 1986 by ''The Economist'' as an informal way of measuring the purchasing power parity (PPP) between two currency, currencies and providing a test of the extent to which market exchange rates result in goods costing the same in different countries. It "seeks to make exchange-rate theory a bit more digestible." The Index (economics), index compares the relative price worldwide to purchase the Big Mac, the flagship hamburger sold at McDonald's restaurants. Overview The Big Mac index was introduced in ''The Economist'' in September 1986 by Pam Woodall as a semi-humorous illustration of PPP and has been published by that paper annually since then. Although the Big Mac Index was not intended to be a legitimate tool for exchange rate evaluation, it is now globally recognised and featured in many academic textbooks and reports. The index also gave rise to the word ''burgernomics.'' The theory underpinning the Big Mac index stems fro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Purchasing Power Parity
Purchasing power parity (PPP) is a measure of the price of specific goods in different countries and is used to compare the absolute purchasing power of the countries' currency, currencies. PPP is effectively the ratio of the price of a market basket at one location divided by the price of the basket of goods at a different location. The PPP inflation and exchange rate may differ from the Exchange rate, market exchange rate because of tariffs, and other transaction costs. The purchasing power parity indicator can be used to compare economies regarding their gross domestic product (GDP), labour productivity and actual individual consumption, and in some cases to analyse price convergence and to compare the cost of living between places. The calculation of the PPP, according to the OECD, is made through a ''basket of goods'' that contains a "final product list [that] covers around 3,000 consumer goods and services, 30 occupations in government, 200 types of equipment goods and about ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GDP Deflator
In economics, the GDP deflator (implicit price deflator) is a measure of the money price of all new, domestically produced, final goods and services in an economy in a year relative to the real value of them. It can be used as a measure of the value of money. GDP stands for gross domestic product, the total monetary value of all final goods and services produced within the territory of a country over a particular period of time (quarterly or annually). Like the consumer price index (CPI), the GDP deflator is a measure of price inflation/deflation with respect to a specific base year; the GDP deflator of the base year itself is equal to 100. Unlike the CPI, the GDP deflator is not based on a fixed basket of goods and services; the "basket" for the GDP deflator is allowed to change from year to year with people's consumption and investment patterns. Calculation Measurement in national accounts In most systems of national accounts the GDP deflator measures the ratio of nominal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commodity Price Index
A commodity price index is a fixed-weight index or (weighted) average of selected commodity prices, which may be based on spot or futures prices. It is designed to be representative of the broad commodity asset class or a specific subset of commodities, such as energy or metals. It is an index that tracks a basket of commodities to measure their performance. They are similar to stock market indices but track the price of a basket of specific commodities. These indexes are often traded on exchanges, allowing investors to gain easier access to commodities without having to enter the futures market. The value of these indexes fluctuates based on their underlying commodities, and this value can be traded on an exchange in much the same way as stock index futures. Investors can choose to obtain a passive exposure to these commodity price indices through a total return swap or a commodity index fund. The advantages of a passive commodity index exposure include negative correlation with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wholesale Price Index
The wholesale price index (WPI) is the price of a representative basket of wholesale goods. The WPI is published by the Economic Adviser in the Ministry of Commerce and Industry. The Wholesale Price Index focuses on the price of goods traded between corporations, rather than the goods bought by consumers, which is measured by the Consumer Price Index. The purpose of the WPI is to monitor price movements that reflect supply and demand in industry, manufacturing and construction. This helps in analyzing both macroeconomic and microeconomic conditions. Some countries (like the Philippines) use WPI changes as a central measure of inflation. But now India has adopted new CPI to measure inflation. However, United States now report a producer price index (PPI) instead. It also influences stock and fixed price markets. Calculation The wholesale price index (WPI) is based on the wholesale price of a few relevant commodities of over 240 commodities available. The commodities chos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Current Developments In Nutrition
''Current Developments in Nutrition'' is a monthly peer-reviewed biomedical journal in the field of nutrition. The journal was established in 2017 as the first Gold Open Access journal of the American Society for Nutritionbr>American Society for Nutrition In 2018Oxford University Presstook over as publisher of the journal, although it is still owned by the American Society for Nutrition. The journal adds many areas of coverage to the portfolio previously offered by American Society for Nutrition journals. It ranges from mechanistic studies at molecular, biochemical, and cellular levels to whole-body metabolism, clinical health, fitness, and population health. Current Developments in Nutrition publishes supplements separate from the main issue, and collections which are articles published across issues. The journal has six areas of emphasis, including Implementation Science; Research Methodology and Study Design Food and Nutrition Policy; Food & Nutrition of Indigenous Peoples; ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Food Program
The World Food Programme (WFP) is an international organization within the United Nations that provides food assistance worldwide. It is the world's largest humanitarian organization and the leading provider of school meals. Founded in 1961, WFP is headquartered in Rome and has offices in 87 countries. In 2023 it supported over 152 million people, and it is present in more than 120 countries and territories. In addition to emergency food relief, WFP offers technical and development assistance, such as building capacity for emergency preparedness and response, managing supply chains and logistics, promoting social safety programs, and strengthening resilience against climate change. It is also a major provider of direct cash assistance, and provides passenger services for humanitarian workers through its management of the United Nations Humanitarian Air Service (UNHAS). WFP is an executive member of the United Nations Sustainable Development Group, a consortium of UN entiti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
