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Bundle of goods

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Updated: Aug 20, 2021

A collection of specified quantities and qualities of various types of goods and services. A price index is constructed by measuring changes in the total cost of buying a given bundle of goods, whose composition depends on the purpose of the index.

Reference: Oxford Press Dictonary of Economics, 5th edt.


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James is a lead content editor for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and the… read more.