"Laspeyres" Pronounce,Meaning And Examples

"Laspeyres" Natural Recordings by Native Speakers

Laspeyres
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"Laspeyres" Meaning

Laspeyres is a statistical index used to measure the change in the cost of a basket of goods and services over time. It is a type of price index, specifically a Laspeyres price index, which is named after the German mathematician and economist Emil Laspeyres.

"Laspeyres" Examples

Examples of Laspeyres Index


1. Price Index Calculation

The Bureau of Labor Statistics uses the Laspeyres index to calculate the Consumer Price Index (CPI) in the United States. The index is based on a weighted average of prices of a basket of goods and services.

2. Economic Research

In a recent study, economists used the Laspeyres index to analyze changes in the cost of living in urban and rural areas. The results showed a significant difference in the cost of living between the two.

3. International Trade

The World Trade Organization uses the Laspeyres index to measure changes in the volume of international trade. This helps policymakers to monitor trends and make informed decisions.

4. Market Analysis

A financial analyst used the Laspeyres index to analyze the impact of inflation on the stock market. The study found that a high Laspeyres index reading was likely to lead to a decline in stock prices.

5. Policy Making

The government uses the Laspeyres index as an input in decision-making processes related to monetary policy. The index helps policymakers to assess the impact of changes in interest rates on the overall economy.

"Laspeyres" Similar Words

Lasered

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To have been made or cut using a laser; having a precision-cut or engraved surface, especially with a sharp edge or fine details.

Lasers

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Lasers are intense, directional beams of light that are generated by amplifying light through stimulated emission. They are often used in scientific, medical, and industrial applications, such as cutting through materials, welding, and precision measurement. The term "laser" is an acronym for "Light Amplification by Stimulated Emission of Radiation".

Lash

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The verb "lash" can mean to lash or whip something violently, especially with a long flexible strip of wood, leather, or cord. For example: "The stormy weather lashed down on the city, causing flooding and destruction."<br><br>The verb "lash" can also mean to secure something tightly with a strap, lace, or tie, especially to prevent it from moving or falling. For example: "She lashed her shoes to her backpack to prevent them from coming loose during the hike."<br><br>A "lash" can also refer to a type of whip or lash, especially one used for punishment. For example: "The prisoner was punished with a dozen lashes for his crime."<br><br>Finally, a "lash" can be a verb in the phrase "to lash out", which means to attack suddenly and violently, often in a furious or enraged manner. For example: "He lashed out at his opponent, landing several punches before being pulled away."

Lashed

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Lashed refers to something that has been or is being severely beaten or whipped, often as a form of punishment or infliction of harm. It can also refer to something that has been or is being used to punish or harm someone, such as a whip or a lash. Additionally, lashed can also mean to tie or secure something tightly, such as lashing a rope to a pole.

Lashes

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Lashes refer to the long hairs that grow on the edge of one's eyelid, also known as eye lashes. They are a natural part of the human body and are used for protection, as well as to enhance the appearance of the eyes. Lashes can be referred to in the singular or plural form, depending on the context. For example, "She has long, beautiful lashes" or "Her lashes are very thick and luscious."

Lashings

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Lashings is a noun that refers to a large quantity or abundance of something, often in a humorous or whimsical sense. It can also imply that something is being applied or given in excess or with great vigor. For example, "The picnic had lashings of sandwiches and fruit" or "The play received lashings of critical acclaim".

Lasiocampidae

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Lasiocampidae is a family of moths commonly known as the lappet moths or elephant hawk moths. They are generally medium-sized to large moths with distinctive lappets or flaps on their hindwings, which are usually used as a defense mechanism to deter predators.

Lasix

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Lasix is a brand name for the medication furosemide, which is a type of diuretic. It is used to treat conditions such as edema, hypertension, and congestive heart failure by increasing the amount of urine produced and helping the body get rid of excess fluid.

Lass

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A lass is a informal or affectionate way to refer to a young woman or girl. It is a Scots or Northern English term and is often used in literature, poetry, and music to add a touch of nostalgia or regional flair to language.

Lasse

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A common Norwegian and Swedish word!<br><br>"Lasse" is a male given name, equivalent to "Lars" or "Larry" in English. It's often used alone as a person's name, similar to John or Peter.

Lasses

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Lassie

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Lassie is a noun that refers to a female dog, especially a sheepdog or collie, known for its intelligence, loyalty, and protective instincts. It can also refer to the title character in a popular television and film series, a Rough Collie dog, known for its heroic and intelligent actions.

Lassiter

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Lassiter is a surname of English origin, referring to a feminine possessor of places or territories. In modern times, it is often associated with the fictional character Detective James "Jim" Lassiter from the popular TV series "Hart to Hart".

Lassitude

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Lassitude is a noun that refers to a feeling of weariness, indifference, or lack of energy, often accompanied by a sense of listlessness or apathy. It is often used to describe a state of physical or mental exhaustion, where one feels drained of motivation or interest.

Lasso

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A lasso is a type of rope or string used for catching or restraining animals, particularly livestock. It is typically made of a long, flexible cord or wire and is used by cowboys and others who need to capture or control horses, cattle, and other animals. The word "lasso" comes from the Spanish word "lazo," which means "noose" or "loop."

Lassoed

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Lassoed is the past tense and past participle of the verb "lasso". To lasso means to catch or surround something, typically an animal, by swinging a rope in a circular motion around it. In this sense, "lassoed" means to have been caught or surrounded in this way. For example: "The cowboy managed to lassoed the wild mustang and bring it under control." In other contexts, "lassoed" can also figuratively describe having captured or controlled something, such as an idea or a problem.