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  2. High value products - Wikipedia

    en.wikipedia.org/wiki/High_value_products

    semi-processed products, such as fresh and frozen meats, flour, vegetable oils, roasted coffee, refined sugar; highly processed products that are ready for the consumer, such as milk, cheese, wine, breakfast cereals; high-value unprocessed products that are also often consumer-ready, such as fresh and dried fruits and vegetables, eggs, and nuts.

  3. Household production function - Wikipedia

    en.wikipedia.org/wiki/Household_production_function

    It is these goods that they value. The idea was originally proposed by Gary Becker , Kelvin Lancaster , and Richard Muth in the mid-1960s. [ 1 ] The idea was introduced simultaneously into macroeconomics in two separate papers by Jess Benhabib , Richard Rogerson , and Randall Wright (1991); [ 2 ] and Jeremy Greenwood and Zvi Hercowitz (1991). [ 3 ]

  4. Real prices and ideal prices - Wikipedia

    en.wikipedia.org/wiki/Real_prices_and_ideal_prices

    The distinction between real prices and ideal prices is a distinction between actual prices paid for products, services, assets and labour (the net amount of money that actually changes hands), and computed prices which are not actually charged or paid in market trade, although they may facilitate trade. [1]

  5. Real gross domestic product - Wikipedia

    en.wikipedia.org/wiki/Real_gross_domestic_product

    Real GDP is an example of the distinction between real and nominal values in economics.Nominal gross domestic product is defined as the market value of all final goods produced in a geographical region, usually a country; this depends on the quantities of goods and services produced, and their respective prices.

  6. Real and nominal value - Wikipedia

    en.wikipedia.org/wiki/Real_and_nominal_value

    The real value is the value expressed in terms of purchasing power in the base year. The index price divided by its base-year value / gives the growth factor of the price index. Real values can be found by dividing the nominal value by the growth factor of a price index. Using the price index growth factor as a divisor for converting a nominal ...

  7. 50 Real Photos That Look Like They’re Straight Out Of ... - AOL

    www.aol.com/100-real-photos-look-straight...

    Gaming has come a long way since a physicist invented what's believed to be the world’s first video game in 1958. Tennis For Two was, to say the least, a very basic game. There was a tennis ...

  8. 7 Walmart Brand Items That Are Just as Good as Name Brands - AOL

    www.aol.com/7-walmart-brand-items-just-133030226...

    Store brands are gaining popularity among consumers. They reached a record $199 billion in sales across all major retail channels in 2021, according to the Private Label Manufacturers Association....

  9. Real economy - Wikipedia

    en.wikipedia.org/wiki/Real_economy

    In the neoclassical school of economics, the classical dichotomy dictates that real and nominal values in the economy can be analysed distinctly. Thus, the real sector value is determined by an actor's tastes and preferences and the cost of production, while the monetary sector only plays the part of influencing the price level, so in this simplified example the role of the supply and demand ...